Updated Oct 28, 2024
Mindful Capital Acquires Industrial Property In Oakland Park For $17.85M
3600 Northeast 4th Avenue, Oakland Park, FL, USA
$17,850,000
$123/SF
Building Size
145,154 SF
Asset Type
Industrial
Closing
Jul 15, 2020
About this deal
AI
Located at 3600 NE 4th Avenue in Oakland Park, this industrial property was recently sold in a closed transaction. The property spans a total area of 145,154 square feet, with a sale price of $17,850,000, resulting in a price per square foot of $122.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $17,850,000
- Date: 07/15/2021
- Buyer: Mindful Capital - Jeffrey Pechter & Patrick Carney
- Broker: Shane Decker - One Commercial
The buyer in this transaction is Mindful Capital with Jeffrey Pechter and Patrick Carney as the representatives. The deal was facilitated by broker Shane Decker from One Commercial.
On the Map
$17,850,000
$123/SF
Industrial
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Players
Oakland Park 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
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93