Elion Partners Acquires Industrial Property In Fort Lauderdale For $14.9M
SOLD
$14,850,000
+ 1
Florida
See Similar DealsIndustrial71,682 SF
Sold 04/05/2022
SOLD
Elion Partners Acquires Industrial Property In Fort Lauderdale For $14.9M
3000 Southwest 2nd Avenue, Fort Lauderdale, Florida 33315, United States
See Similar DealsIndustrial71,682 SF
Sold 04/05/2022
+ 1
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$207
Total Square Footage:71,682 SF
Transaction Type:Sale
The industrial property located at 3000-3060 SW 2nd Ave in Fort Lauderdale has been sold. The transaction took place on 04/05/2022, and the property was purchased by Elion Partners from Brian Neff. The property spans 71,682 square feet and was sold for a total price of $14,850,000, resulting in a price per square foot of $207. Mark M. Rubin, Bastian Laggerbauer, and Steven Wasserman from Colliers International represented Brian Neff in the transaction.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $14,850,000
- Address: 3000-3060 SW 2nd Ave, Fort Lauderdale
- Market: Fort Lauderdale
The sale of this industrial property was facilitated by Mark M. Rubin, Bastian Laggerbauer, and Steven Wasserman from Colliers International, who represented the seller, Brian Neff. This successful transaction highlights the demand for industrial properties in Fort Lauderdale's market.
Players
BROKERAGE
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$792,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$52,758.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$70,396.58
Annual Debt Service$844,758.91
Is there something missing? Send suggestions