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2094 West Us Highway 90

Massud Adari Acquires Retail Asset In Lake City For $4,556,700 With Broker Andrew Pokalsky
SOLDRetail

Massud Adari Acquires Retail Asset In Lake City For $4,556,700 With Broker Andrew Pokalsky

2094 West Us Highway 90

$4,556,700

$301/SF

Building Size

15,120 SF

Asset Type

Retail

Closing

Jun 9, 2026

AI

The asset involved in this transaction is a retail property located at 2094 West US Highway 90 in Lake City. The sale price for the property was $4,556,700, with a total square footage of 15,120. The price per square foot for this transaction amounts to $301.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,556,700
  • Address: 2094 West US Highway 90
  • Market: Lake City
  • Square Footage: 15,120
  • Price Per Square Foot: $301
  • Buyer: Massud Adari
  • Buyer's Representative: Andrew Pokalsky - NX3 Commercial Group

The key individuals involved in this transaction include buyer Massud Adari, who has successfully acquired the retail property. The representation for the buyer was provided by Andrew Pokalsky from NX3 Commercial Group, facilitating the deal's progress and negotiations.

Players

Andrew Pokalsky

NX3 Commercial Group

Broker
Broker

Lake City Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.48%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93