Updated Dec 21, 2023
Joseph E. Teichman Acquires Manufacturing/Processing Facility In Tampa, FL For $6.9M
5601 Anderson Road, Tampa, Florida 33614, United States
$6,893,300
$141/SF
Building Size
48,678 SF
Asset Type
Industrial
Closing
Jul 28, 2022
About this deal
AI
The manufacturing/processing property located at 5601 Anderson Rd in Tampa, FL was recently sold in a transaction. The property spans over 48,678 square feet and was sold for a price of $6,893,300, resulting in a price per square foot of $141.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $6,893,300
- Address: 5601 Anderson Rd, Tampa, FL
- Market: Tampa, FL
Joseph E. Teichman acted as the buyer in this transaction, while the property was sold by Kevin Collins and Donald Biedrzycki Jr. The deal was successfully closed on 07/29/2022.
Players
Tampa 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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93