Curated News
By: NewsRamp Editorial Staff
August 18, 2025

SRS Real Estate Partners Sells Beachwalk Shoppes for $5.62M

Reddit Discuss on LinkedIn participate in discussion on bluesky Participate in discussion on Mastodon View History of this news story on GitHub
Original Source

TLDR

  • SRS Real Estate Partners secures a competitive edge with the $5.62 million sale of Beachwalk Shoppes, showcasing strong retail investment opportunities in a rapidly growing market.
  • The sale of Beachwalk Shoppes, a fully occupied retail center, involved a 1031 exchange by an Atlanta-based investor, closing at a 6.4% cap rate.
  • The development of Beachwalk Shoppes contributes to local economic growth in St. Johns County, offering diverse retail options and supporting community development.
  • Discover how Beachwalk Shoppes, featuring tenants like Bagels R Us and Fancy Sushi, becomes a retail hotspot in Jacksonville's booming submarket.

Impact - Why it Matters

This sale not only highlights the robust growth and investment potential in St. Johns County but also showcases the strength of the retail sector in emerging markets. For investors and businesses, this transaction serves as a testament to the lucrative opportunities available in areas with rapid population growth and development. The involvement of SRS Real Estate Partners, a leader in the commercial real estate industry, further validates the attractiveness of such investments, making it a noteworthy event for stakeholders in the real estate and retail sectors.

Summary

SRS Real Estate Partners has successfully closed the $5.62 million sale of Beachwalk Shoppes, a newly constructed retail strip center in St. Johns, FL, highlighting the vibrant retail investment opportunities in the area. The property, fully occupied by tenants such as Bagels R Us and Fancy Sushi, is part of the larger Beachwalk development, which includes national brands like Panda Express and Chipotle. Represented by SRS Capital Markets' Patrick Nutt and William Wamble, the sale to an Atlanta-based private investor underscores the growing appeal of St. Johns County, one of the nation's fastest-growing areas. With SRS Real Estate Partners' impressive track record, including over $1.2 billion in deal volume this year, this transaction further cements their position as a leader in commercial real estate. For more details, visit SRS Real Estate Partners.

Source Statement

This curated news summary relied on content disributed by citybiz. Read the original source here, SRS Real Estate Partners Sells Beachwalk Shoppes for $5.62M

blockchain registration record for this content.