Keith Rozolis Of ABC Supply Acquires Industrial Property From Kyle Grant For $2.9M
SOLD
$2,900,000
Florida
See Similar DealsIndustrial8,000 SF
Sold 04/07/2026
SOLD
Keith Rozolis Of ABC Supply Acquires Industrial Property From Kyle Grant For $2.9M
1220 Northwest 23rd Avenue
See Similar DealsIndustrial8,000 SF
Sold 04/07/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$362
Total Square Footage:8,000 SF
Transaction Type:Sale
The asset involved in this transaction is an industrial property located at 1220 Northwest 23rd Avenue in the Fort Lauderdale market. The sale was completed for a total price of $2,900,000, encompassing a total area of 8,000 square feet. The price per square foot is $362, and the price per acre stands at $4,202,898.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Buyer: Keith Rozolis - ABC Supply
- Seller: Kyle Grant - Venture One Real Estate
- Seller's Representative: Santiago Acevedo - Compass
- Square Footage: 8,000
- Price per Square Foot: $362
- Price per Acre: $4,202,898
Keit Rozolis represented ABC Supply in the acquisition of the property, while Kyle Grant was the seller, representing Venture One Real Estate. The transaction was facilitated by Santiago Acevedo from Compass, who served as the seller's representative throughout the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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