NAI Hallmark announced today that Daniel Burkhardt, Keith Goldfaden and Luke Feldman represented the seller, Interra Sky Fleming Island, LLC, in the sale of 1845 Town Center Blvd located in Fleming Island, FL 32223 (the “Property”). The Property, known as Fleming Island Business Park – Phase I, consists of two single-story office/flex buildings totaling 75,669 rentable square feet situated on 7.01 acres of land. The buyer, RLFED Fleming, LLC, acquired the Property for $9,176,000 ($121/SF).
“Fleming Island Business Park is one of the few institutional-quality office properties in Clay County,” said Daniel Burkhardt, Vice President of NAI Hallmark. “We were able to attract numerous qualified buyers during this process given the property’s strong in-place income, diversified rent roll and the overall growth dynamics of Clay County.”
Keith Goldfaden, managing partner of NAI Hallmark added, “We continue to see strong demand and strong pricing for commercial properties in Clay County. This increasing demand is driven by population growth, limited supply of commercial properties and the construction of the outer beltway. The outer beltway will be a dynamic positive change for the growth of Clay County over the next 10-20 years and Fleming Island is well-positioned at the center of this future growth”
Fleming Island Business Park – Phase I was built in 2002 in the heart of Fleming Island near the heavily trafficked intersection of US 17 and CR 220. The Property sold with occupancy at 95%.