325 SW 26th Street LLC Acquires Industrial Property In Fort Lauderdale For $3.3M
325 Southwest 26th Street, Fort Lauderdale, Florida 33315, United States
$3,300,000
$330,000/SF
Building Size
10 SF
Asset Type
Industrial
Closing
Jan 9, 2023
AI
The industrial property located at 325 SW 26th Street in Fort Lauderdale has been sold for a price of $3,300,000. The property spans an area of 0.77 acres and features a total square footage of 10,052. The sale price per square foot is calculated at $328. The lot size is 33,723 square feet, resulting in a price per lot square foot of $98.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Address: 325 SW 26th Street
- Market: Fort Lauderdale
- ACRES: 0.77
The buyer of the property is 325 SW 26th Street LLC, represented by Joe Mongillo of LoKation Real Estate. The seller's representative in the deal is Kimberly Barbar from Stiles.
Players
Fort Lauderdale 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93