Jamie Rose Maniscalco Of The Alpha Commercial Advisors Represents Sale Of Industrial Property For $1.5M In Little River
SOLD
$1,500,000
Florida
See Similar DealsIndustrial5,618 SF
Sold
SOLD
Jamie Rose Maniscalco Of The Alpha Commercial Advisors Represents Sale Of Industrial Property For $1.5M In Little River
572 Northwest 72nd Street
See Similar DealsIndustrial5,618 SF
Sold
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$267
Total Square Footage:5618 SF
Transaction Type:Sale
The property is an industrial asset located at 572 Northwest 72nd Street in the Little River market. The transaction was completed with a sale price of $1,500,000 and encompasses a total square footage of 5,618, resulting in a price per square foot of $266.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $1,500,000
- Square Footage: 5,618
- Price per Square Foot: $266
- Broker: Jamie Rose Maniscalco - The Alpha Commercial Advisors
- Date of Transaction: 5/19/2025
Representing the transaction, broker Jamie Rose Maniscalco played a key role in facilitating this deal for the involved parties, ensuring a smooth negotiation process in the sale of this industrial property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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