95742 Amelia Concourse, Fernandina Beach, FL sold to a California investor on Friday for $1,060,000. The bank owned retail center was listed with Tyler Saldutti, Prime Realty CEO, in March of 2015 and sold in under 3 months to a California investor represented by Matthew Clark, VP of Prime Realty Retail Services. “We were able to produce multiple offers on the property and close on the sale within 90 days of listing.“ said Tyler Saldutti.
“This sale is a great example of investors coming to the NE Florida market from out of state willing to purchase at a more aggressive cap rate.” said Matthew Clark. The 10,080 retail center is approximately 90% occupied with one 1,260 SF end-cap available for lease. For more information about the sale or the available space please contact Prime Realty at 904.239.5269.