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1708 Turkey Creek Rd, Plant...

Updated Oct 28, 2024

Florida Brick & Clay Co Inc Sells Industrial Property In Plant City For $3M
SOLDIndustrial

Florida Brick & Clay Co Inc Sells Industrial Property In Plant City For $3M

1708 Turkey Creek Rd, Plant City, FL, USA

$3,000,000

$36/SF

Building Size

83,434 SF

Asset Type

Industrial

Closing

Mar 24, 2021

About this deal

AI

The industrial property located at 1708 Turkey Creek Rd in Plant City has been sold for $3,000,000. The property spans 83,434 square feet and was sold at a price per square foot of $36. The seller of the property was Florida Brick & Clay Co Inc.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Square Footage: 83,434
  • Price per Square Foot: $36
  • Address: 1708 Turkey Creek Rd, Plant City

This transaction was facilitated by Florida Brick & Clay Co Inc, representing the seller in the deal.

Players

Plant City Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $36 per square foot on a published $3M for 83,434 square feet (2021).

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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

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