Updated Dec 21, 2023
Coldwell Banker Commercial Sunstar Realty Brokers $3.5M Industrial Sale In Port Charlotte
18505 Paulson Drive, Port Charlotte, Florida 33954, United States
$3,500,000
$81/SF
Building Size
42,880 SF
Asset Type
Industrial
Closing
Dec 20, 2021
About this deal
AI
A 42,880 square foot industrial property located at 18505 Paulson Dr in Port Charlotte has been sold for a total of $3,500,000. The property covers an area of 3 acres and is situated in the Port Charlotte market. The sale was facilitated by Ray Brunner of Coldwell Banker Commercial Sunstar Realty.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 18505 Paulson Dr
- Market: Port Charlotte
- Size: 42,880 square feet
- Price per Square Foot: $82
- Representative: Ray Brunner - Coldwell Banker Commercial Sunstar Realty
This sale represents a significant transaction in the Port Charlotte market. The involvement of Ray Brunner from Coldwell Banker Commercial Sunstar Realty demonstrates the expertise and value brought to the deal by his agency.
Players
Port Charlotte 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93