Updated Dec 21, 2023
Patty McClimans Of SVN | Commercial Partners Sells Industrial Property In Bonita Springs For $3M
10951 Harmony Park Drive, Bonita Springs, Florida 34135, United States
$3,000,000
$162/SF
Building Size
18,500 SF
Asset Type
Industrial
Closing
May 3, 2022
About this deal
AI
A 1.01-acre industrial property located at 10951 Harmony Park Drive in Bonita Springs has been sold. The sale was facilitated by Patty McClimans of SVN | Commercial Partners. The property was sold for a total price of $3,000,000. The building spans an area of 18,500 square feet, resulting in a price per square foot of $162.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Address: 10951 Harmony Park Drive
- Market: Bonita Springs
- Asset Type: Industrial
- Acres: 1.01
Patty McClimans, representing SVN | Commercial Partners, played a crucial role in the sale of this industrial property in Bonita Springs.
Players
Bonita Springs 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93