CrownPoint Partners Represents Buyers And Sellers In Two Wendy’s Transactions For $4M In Jacksonville
9510 Applecross Road
$4,000,000
Building Size
—
Asset Type
Retail
Closing
Aug 18, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 9510 Applecross Road in Jacksonville, FL. The sale was executed for a price of $4,000,000. The specifics of the asset type affirm its designation as retail.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 9510 Applecross Road
- Market: Jacksonville, FL
- Broker: Shannon Bona - CrownPoint Partners
CrownPoint Partners brokered the transaction, representing both buyers and sellers. Notably, the brokerage facilitated two Wendy's transactions in Jacksonville, amounting to $4 million, which included a $2.2 million sale of an occupied location and a $1.8 million sale of a vacant property, both closing within 90 days of each other.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93