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8033 Normandy Boulevard

David Nobel Purchases Retail Property At 8033 Normandy Boulevard From Aaron Baum For $2.3M
SOLDRetail

David Nobel Purchases Retail Property At 8033 Normandy Boulevard From Aaron Baum For $2.3M

8033 Normandy Boulevard

$2,300,000

$779/SF

Building Size

2,952 SF

Asset Type

Retail

Closing

Feb 19, 2026

AI

The property involved in this transaction is a retail asset located at 8033 Normandy Boulevard in Jacksonville. It has a total square footage of 2,952 and was sold for a price of $2,300,000, which results in a price per square foot of $779.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,300,000
  • Address: 8033 Normandy Boulevard
  • Market: Jacksonville
  • Square Footage: 2,952
  • Price per Square Foot: $779
  • Buyer: David Nobel
  • Seller: Aaron Baum
  • Brokers: Grant Steinberg, Rob Goldberg, & Aidan Hernandez - Matthews

The key individuals involved in this transaction include the buyer, David Nobel, and the seller, Aaron Baum. The brokers facilitating the transaction are Grant Steinberg, Rob Goldberg, and Aidan Hernandez, representing the involved parties through Matthews.

Players

Rob Goldberg

Matthews

Broker

$107.3M

vol

25 deals

Broker
Aaron Baum

Aaron Baum

Seller

$7.4M

vol

3 deals

Seller

Jacksonville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93