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
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