Updated Dec 21, 2023
Henry L. Druker Acquires Commercial Property In Fort Lauderdale For $4.1M
1049 W Commercial Blvd, Fort Lauderdale, FL, USA
$4,100,000
$372/SF
Building Size
11,000 SF
Asset Type
Commercial
Closing
May 5, 2021
About this deal
AI
The commercial property located at 1049 W Commercial Blvd in Fort Lauderdale has been sold for $4,100,000. The property is situated in a prime location in the city's market.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $4,100,000
- Address: 1049 W Commercial Blvd
- Market: Fort Lauderdale
The buyer of the property is Henry L. Druker, while the sellers are Roland Warren Faassen and John D. Picklesimer Jr.
The commercial sale at 1049 W Commercial Blvd, Fort Lauderdale, FL, USA in Fort Lauderdale, Florida sold for $4.1M in 2021. The building is 11,000 square feet, implying about 372 per square foot on the published price. This page is the Fort Lauderdale, Florida file for the 1049 W Commercial Blvd, Fort Lauderdale, FL, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale commercial set by closing date to see what else sold near 1049 W Commercial Blvd, Fort Lauderdale, FL, USA around 2021. Published consideration for 1049 W Commercial Blvd, Fort Lauderdale, FL, USA is $4.1M, dated 2021. Cite this Henry L. Druker Acquires Commercial Property In Fort Lauderdale For $4.1M sale when underwriting similar commercial product around Fort Lauderdale, Florida.
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Fort Lauderdale Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93