Gregg Wallick's Summerwind Properties Acquires Industrial Property In Davie For $9.8M
SOLD
$9,837,500
Florida
See Similar DealsIndustrial288,176 SF
Sold 08/02/2022
SOLD
Gregg Wallick's Summerwind Properties Acquires Industrial Property In Davie For $9.8M
10450 Florida Highway 84
See Similar DealsIndustrial288,176 SF
Sold 08/02/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$34
Total Square Footage:288,176 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$524,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,950.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,634.77
Annual Debt Service$559,617.23
Is there something missing? Send suggestions