Updated May 12, 2025
Mindful Capital Group Acquires Industrial Property In Oakland Park For $4.3M, With David Wilson As Broker - Colliers
4120 Northwest 10th Avenue, Oakland Park, Florida 33309, United States
$4,300,000
$93/SF
Building Size
46,038 SF
Asset Type
Industrial
Closing
Sep 8, 2022
About this deal
AI
The property located at 4120 NW 10th Ave in Oakland Park, FL, is an industrial asset that recently underwent a sale transaction. The total sale price reached $4,300,000, encompassing a substantial square footage of 46,038, translating to a price per square foot of $93.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,300,000
- Buyer: Mindful Capital Group - Patrick Carney & Jeffrey Pechter
- Seller: Codisco, Inc. - Donald Bauerle
- Broker: David Wilson - Colliers
This transaction involved key individuals, including Patrick Carney and Jeffrey Pechter representing the buyer, Mindful Capital Group, while Donald Bauerle represented the seller, Codisco, Inc. The deal was facilitated by broker David Wilson from Colliers.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93