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5215 S West Shore BLVD, Tam...

Updated Oct 29, 2024

McKinley Inc Acquires Property At 5215 S West Shore Blvd Tampa For $9.25M
SOLD

McKinley Inc Acquires Property At 5215 S West Shore Blvd Tampa For $9.25M

5215 S West Shore BLVD, Tampa, FL...

$9,250,000

$184/SF

Building Size

50,210 SF

Asset Type

Closing

Nov 19, 2023

About this deal

AI

The property involved in the transaction is located at 5215 S West Shore BLVD, Tampa, FL. It has a total price of $9,250,000.00 and encompasses a square footage of 50,210 in the Tampa market.

Summary of transaction details:

  • Property Type: Unknown
  • Transaction Amount: $9,250,000.00
  • Address: 5215 S West Shore BLVD, Tampa, FL
  • Market: Tampa
  • Buyer: McKinley, Inc
  • Seller's Representatives: Kevin Kelleher - Franklin Street, Darron Kattan - Franklin Street

The deal features representatives from Franklin Street, Kevin Kelleher and Darron Kattan, who facilitated the transaction on behalf of the seller in this real estate deal involving McKinley, Inc as the buyer.

Players

Darron Kattan

Franklin Street

Broker

$376M

vol

15 deals

Broker

Tampa CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $184 per square foot on a published $9.3M for 50,210 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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