Updated Oct 6, 2026
Eli Sabbagh Of Oracle Equity Group Secures $1,863,000 Refinance Loan For Industrial Asset In Tampa
1920 Us Route 301
$1,863,000
$116/SF
Building Size
15,950 SF
Asset Type
Industrial
Closing
Sep 25, 2026
About this deal
AI
The asset involved in the transaction is an industrial property located at 1920 US Route 301 in the Tampa, FL market. The property encompasses a total square footage of 15,950 and is associated with a refinance loan amount of $1,863,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,863,000
- Loan Type: Refinance
- Borrower: Eli Sabbagh - Oracle Equity Group
- Broker: Richard Sutton - Parallel CRE
The deal involves Eli Sabbagh, representing Oracle Equity Group as the borrower, and is facilitated by broker Richard Sutton from Parallel CRE, highlighting the roles of key personnel in the transaction process.
On the Map
$1,863,000
$116/SF
Industrial
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Players
Tampa Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.51%
Cash-on-Cash
-2.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93