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500 S State Road 7th, Holly...

Updated Dec 20, 2023

Scott Wycoff Acquires Warehouse In Hollywood, FL For $10.55M
SOLDIndustrial

Scott Wycoff Acquires Warehouse In Hollywood, FL For $10.55M

500 S State Road 7th, Hollywood, Florida 33023, United States

$10,550,000

$249/SF

Building Size

42,336 SF

Asset Type

Industrial

Closing

Jun 7, 2022

About this deal

AI

The recently closed property transaction involves a warehouse located at 500 S State Road 7 in Hollywood, FL. This warehouse spans over 42,336 square feet and was sold for a total price of $10,550,000, resulting in a price per square foot of $249.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $10,550,000
  • Address: 500 S State Road 7, Hollywood, FL
  • Market: Hollywood, FL

Scott Wycoff was the buyer in this transaction, while Aleah Cole acted as the seller. The deal was successfully closed on 06/08/2022.

Players

Hollywood Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $249 per square foot on a published $10.6M for 42,336 square feet (2022).

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.50%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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