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
About this deal
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.
On the Map
$19,200,000
$396/SF
Retail
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Players
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