Updated Oct 28, 2024
David Kahn Acquires Industrial Property In Sunrise For $5.4M
4747 Nob Hill Road, Sunrise, FL, USA
$5,400,000
$157/SF
Building Size
34,240 SF
Asset Type
Industrial
Closing
Oct 12, 2021
About this deal
AI
An industrial property located at 4747 Nob Hill Road in Sunrise has been sold. The property spans 2.34 acres and features a total area of 34,240 square feet. The transaction took place on October 12, 2021, with a sale price of $5,400,000, equating to a price per square foot of $158.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,400,000
- Address: 4747 Nob Hill Road
- Market: Sunrise
- Acres: 2.34
David Kahn has acquired the property from the Genet Property Group, represented by Ben Genet.
On the Map
$5,400,000
$157/SF
Industrial
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Players
Sunrise 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93