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855 County Road 210, St. Au...

PEBB Enterprises Sells Retail Property In St. Johns County For $19.2M
SOLDRetail

PEBB Enterprises Sells Retail Property In St. Johns County For $19.2M

855 County Road 210, St. Augustine, Florida 32095, United States

$19,200,000

$396/SF

Building Size

48,400 SF

Asset Type

Retail

Closing

Feb 21, 2022

AI

PEBB Enterprises has sold a retail property located at 855 County Road 210 West in St. Johns County. The property spans 48,400 square feet and was sold for a total of $19,200,000, resulting in a price per square foot of $397.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $19,200,000
  • Address: 855 County Road 210 West
  • Market: St. Johns County

The sellers of the property were Ian Weiner and Eric Hochman from PEBB Enterprises. Casey Rosen and Dennis Carson from CBRE represented the sellers in the transaction.

The deal was facilitated by Casey Rosen and Dennis Carson from CBRE, who acted as the brokers for Ian Weiner and Eric Hochman from PEBB Enterprises.

Players

Dennis Carson

CBRE

Broker

$419.3M

vol

14 deals

Broker
PEBB Enterprises
PEBB EnterprisesBrokerage
Ian Weiner

Ian Weiner

PEBB Enterprises

Seller

$392.6M

vol

23 deals

Seller
PEBB Enterprises
PEBB EnterprisesSeller

Saint Johns 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

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93