facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

4120 Northwest 10th Avenue,...

Mindful Capital Group Acquires Industrial Property In Oakland Park For $4.3M, With David Wilson As Broker - Colliers
SOLDIndustrial

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

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

David Wilson

Colliers

Broker

$78.1M

vol

3 deals

Broker
Jeffrey Pechter

Jeffrey Pechter

Mindful Capital

Buyer

$137.9M

vol

12 deals

Buyer
CI
Codisco, Inc.Seller

Fort Lauderdale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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