Updated Dec 4, 2024
Waste Pro Of Florida Acquires Industrial Asset From AAASCO In Clearwater For $12.075M
11880 34th Street North
$12,075,000
$1,097,727/SF
Building Size
11 SF
Asset Type
Industrial
Closing
Aug 20, 2024
About this deal
AI
The property asset involved is an industrial site located at 11880 34th Street North in Clearwater, spanning an area of 11.83 acres. The transaction was completed at a sale price of $12,075,000, equating to a price per square foot of $1,097,727 with a total square footage of 11.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,075,000
- Address: 11880 34th Street North
- Market: Clearwater
- Acres: 11.83
- Square Footage: 11
- Price per Square Foot: $1,097,727
- Buyer: Waste Pro of Florida
- Seller: AAASCO
- Buyer's Representative: Jeff Clapacs - Commercial Partners Realty
- Seller's Representative: Cherie Tedesco-Gamble - Keller Williams
This transaction involved key representatives, with Jeff Clapacs representing the buyer, Waste Pro of Florida, and Cherie Tedesco-Gamble representing the seller, AAASCO. These representatives played vital roles in facilitating the deal ensuring its successful closure.
On the Map
$12,075,000
$1,097,727/SF
Industrial
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Players
Clearwater 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
1.31%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93