Updated Nov 24, 2023
Janelle Davis Acquires Industrial Property In Fort Lauderdale, FL For $7.12M
3486 Northwest 25th Street, Fort Lauderdale, Florida 33311, United States
$7,120,000
$356,000/SF
Building Size
20 SF
Asset Type
Industrial
Closing
Jan 9, 2023
About this deal
AI
The industrial property located at 3486 NW 25th St in Fort Lauderdale, FL has been sold in a transaction that took place on January 10, 2023. The property spans a total square footage of 20,599 and was sold for a price of $7,120,000, resulting in a price per square foot of $345.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7
The industrial sale at 3486 Northwest 25th Street, Fort Lauderdale, Florida 33311, United States in Lauderdale Lakes, Florida sold for $7.1M in 2023. The building is 20 square feet, implying about 356K per square foot on the published price. This page is the Lauderdale Lakes, Florida file for the 3486 Northwest 25th Street, Fort Lauderdale, Florida 33311, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Lauderdale Lakes sit in the Market section below. Filter that Lauderdale Lakes industrial set by closing date to see what else sold near 3486 Northwest 25th Street, Fort Lauderdale, Florida 33311, United States around 2023. Published consideration for 3486 Northwest 25th Street, Fort Lauderdale, Florida 33311, United States is $7.1M, dated 2023. Cite this Janelle Davis Acquires Industrial Property In Fort Lauderdale, FL For $7.12M sale when underwriting similar industrial product around Lauderdale Lakes, Florida.
Players
Lauderdale Lakes Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Lauderdale Lakes industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93