St. Johns Town Center
A retail property in Jacksonville, Florida. Securitized in 1 CMBS deal in 2024.
$753.7MAppraised value (latest deal)
93.9%Occupancy
$47.8MUnderwritten NOI
6.3%Implied cap rate
- Address
- 4663 River City Drive, Jacksonville, FL 32246
- Property type
- Retail · Super Regional Mall
- Year built
- 2005, 2008, 2014
- Size
- 1,022,042 SF
- Sponsor
- Simon Property Group, L.P.
- Loan purpose
- Refinance
- Largest tenant
- Nordstrom
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2024-C9 | 2024-07-02 | $753.7M | 93.9% | $47.8M | 6.3% | $81.0M | 47.8% | 2.09x | 424B |
Historical NOI reported in BMO 2024-C9
| Period ending | NOI |
|---|---|
| 12/31/2023 | $41.7M |
| 12/31/2022 | $39.3M |
| 12/31/2021 | $36.0M |
More CMBS properties in Florida →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.