Updated Jun 5, 2026
Jordan Beck Of Berger Commercial Realty/Corfac International Facilitates $8.55M Industrial Sale In Oakland Park
511-541 Northeast 32nd Street, Oakland Park, FL, USA
$8,550,000
$133/SF
Building Size
63,832 SF
Asset Type
Industrial
Closing
Sep 27, 2021
About this deal
AI
Located in Oakland Park, the industrial property at 511-541 NE 32 Street recently changed hands in a sale transaction. The property encompasses a total area of 63,832 square feet, commanding a sale price of $8,550,000. With a price per square foot of $134, this transaction reflects the robust industrial market in the area.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $8,550,000
- Address: 511-541 NE 32 Street
- Market: Oakland Park
Jordan Beck from Berger Commercial Realty/Corfac International represented the parties involved in this transaction, serving as the broker.
Players
Oakland Park 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
1.86%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93