Updated Dec 21, 2023
Craig Dorn & David Dorn Acquire Fort Lauderdale Warehouse For $3.5M
2590 Davie Road, Davie, Florida 33314, United States
$3,500,000
$231/SF
Building Size
15,124 SF
Asset Type
Industrial
Closing
Apr 19, 2022
About this deal
AI
The warehouse property located at 2590 Davie Rd in Fort Lauderdale, FL has been sold for a total price of $3,500,000. The property spans across 15,124 square feet, resulting in a price per square foot of $231.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $3,500,000
- Square Footage: 15,124
- Price per Square Foot: $231
- Address: 2590 Davie Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Craig Dorn and David Dorn have acquired the property from Daen Barnett and Barry Barnett.
Players
Davie 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