Vertical Cold Storage Acquires 10.7 Acre Industrial Property In Medley For $65.99M
SOLD
$65,990,000
Florida
See Similar DealsIndustrial274,383 SF
Sold 05/10/2022
SOLD
Vertical Cold Storage Acquires 10.7 Acre Industrial Property In Medley For $65.99M
11801 Northwest 102nd Road, Medley, Florida 33178, United States
See Similar DealsIndustrial274,383 SF
Sold 05/10/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$240
Total Square Footage:274,383 SF
Transaction Type:Sale
The industrial property located at 11801 NW 102nd Road in Medley, with an area of 10.7 acres, was recently sold. The transaction took place on 05/10/2022.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $65,990,000
- Square Footage: 274,383
- Price per Square Foot: $241
- Address: 11801 NW 102nd Road, Medley
- Market: Medley
The buyer of the property was Vertical Cold Storage, represented by Curt Mastbergen. The seller was United States Cold Storage.
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
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)
$3,519,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$234,448.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$312,826.27
Annual Debt Service$3,753,915.20
Is there something missing? Send suggestions