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24611 Production Cir, Bonit...

Updated May 12, 2025

Menachem Greenberg Acquires Property In Bonita Springs For $2 Million With John Albion As Buyer's Rep
SOLD

Menachem Greenberg Acquires Property In Bonita Springs For $2 Million With John Albion As Buyer's Rep

24611 Production Cir, Bonita Springs...

$2,000,000

$129/SF

Building Size

15,500 SF

Asset Type

—

Closing

Nov 19, 2023

About this deal

AI

The property involved in this transaction is located at 24611 Production Cir, Bonita Springs, within the Bonita Springs market. The property was sold for a price of $2,000,000.00 and has a total square footage of 15,500 sqft.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $2,000,000.00
  • Address: 24611 Production Cir, Bonita Springs
  • Market: Bonita Springs
  • Buyer: Menachem Greenberg
  • Seller: U.S. Bank
  • Buyer’s Representative: John Albion-Cushman & Wakefield
  • Seller’s Representative: Connor Finch-C-III Realty Services

This transaction involved Menachem Greenberg as the buyer, acquiring the property from U.S. Bank, which acted as the seller. The deal was facilitated by John Albion from Cushman & Wakefield representing the buyer and Connor Finch from C-III Realty Services representing the seller, highlighting the professional brokerage involvement in this real estate transaction.

On the Map

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$2,000,000

$129/SF

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Players

Connor Finch

C-III Realty Services

Broker

$2M

vol

1 deal

Broker
U.S. Bank
U.S. BankSeller
U.S. Bank
U.S. BankLender
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Bonita Springs CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $129 per square foot on a published $2M for 15,500 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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