Updated Oct 28, 2024
Gregg Wallick's Summerwind Properties Acquires Industrial Property In Davie For $9.8M
10450 Florida Highway 84
$9,837,500
$34/SF
Building Size
288,176 SF
Asset Type
Industrial
Closing
Aug 2, 2022
About this deal
AI
10450 W State Rd 84 in Davie has been sold in a recent transaction. The industrial property spans across 288,176 square feet and was sold at a price of $9,837,500, resulting in a per square foot price of $34.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $9,837,500
- Square Footage: 288,176
- Address: 10450 W State Rd 84, Davie
The buyer of the property is Gregg Wallick from Summerwind Properties. Sheldon Mendes from Digital Comm Link Inc. served as the seller. Jaime Sturgis from Native Realty represented the buyer in the transaction.
On the Map
$9,837,500
$34/SF
Industrial
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Players
Boomer Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.61%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93