Updated Dec 19, 2023
Augie Schmidt's SVN/Saunders Ralston Dantzler Real Estate Sells Lakeland Industrial Property For $7M
3705 Century Blvd, Lakeland, FL 33811, USA
$7,000,000
$56/SF
Building Size
124,500 SF
Asset Type
Industrial
Closing
Sep 14, 2020
About this deal
AI
The industrial property located at 3705 Century Blvd in Lakeland was recently sold for a transaction amount of $7,000,000. The property spans a total square footage of 124,500, resulting in a price per square foot of $56. The sale was facilitated by Augie Schmidt of SVN/Saunders Ralston Dantzler Real Estate.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Square Footage: 124,500
- Price per Square Foot: $56
- Address: 3705 Century Blvd
- Market: Lakeland
The deal was successfully brokered by Augie Schmidt from SVN/Saunders Ralston Dantzler Real Estate. Their expertise and negotiation skills played a crucial role in the successful completion of the transaction.
Players
Lakeland Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit SVN to view all their deals.
Browse Florida industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93