Ridgecrest Plaza Shopping Center
868 Blanding Blvd., Orange Park, FL, 32065
Details
Acquisition Date: Dec-1992
Sale Date: Aug-2018
Sale Price: U$ 8,000,000
Total IRR: 22.37%
Summary

Purchased grocery-anchored 101,000 sf Ridgecrest Plaza Center; held for 20+ years including major remodel. Huge cash flows over 26 year hold period yielded substantial IRR. Initial loan was repaid from cash flow.

Location

© Copyright 2023. Southwestern® Property Corp. All rights reserved.