A Jacksonville investment group paid $5 million for commercial property facing the East San Marco shopping center under development at Hendricks Avenue and Atlantic Boulevard.
Evoco Enterprises LLC bought four buildings Jan. 6 on the opposite site, anchored by tenants that include Roosters Men’s Grooming Center and the Posting House neighborhood bar.
The four buildings are at 2000 Hendricks Ave.; 2000 Hendricks Ave., No. 2; 2016 Hendricks Ave.; and 2022 Hendricks Ave., No. 1,
They total almost 12,800 square feet on a little more than a half-acre.
Evoco Enterprises, led by Micah Heavener and Kira Fisher, bought the properties from affiliates of Keith and Joyce Kimball, longtime owners in San Marco.
The Kimball entities financed the deal with balloon mortgages at $4.5 million.
The structures were built in 1945 and 1957.
The deeds and mortgages were recorded Jan. 7 with the Duval County Clerk of Courts.
Evoco Enterprises registered its name with the state March 25, 2021.
The East San Marco shopping center will be anchored by Publix Super Markets Inc.
