Updated Oct 28, 2024
Sudler Real Estate Acquires Industrial Property In Tampa For $11.5M
6001 Benjamin Road, Tampa, FL, USA
$11,530,000
$96/SF
Building Size
120,000 SF
Asset Type
Industrial
Closing
Jul 15, 2021
About this deal
AI
An industrial property located at 6001 & 6005 Benjamin Road in Tampa has been sold. The transaction, which took place on July 16, 2021, involved a property with a total square footage of 120,000. The sale price for this industrial asset was $11,530,000, resulting in a price per square foot of $96.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,530,000
- Market: Tampa
The buyer in this transaction was Sudler Real Estate, represented by Peter D. Sudler. The brokerage company involved in the deal was CBRE Inc.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93