facebook
Traded Co logo
Submit

EverWest Acquires Industrial Property In Fort Lauderdale For $14.1M

Property Image
SOLD
$14,100,000

Florida

See Similar Deals
Industrial62,568 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

EverWest Acquires Industrial Property In Fort Lauderdale For $14.1M

635 Northwest 4th Avenue, Fort Lauderdale, Florida 33311, United States

See Similar Deals
Industrial62,568 SF
Sold
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$225
Total Square Footage:62,568 SF
Transaction Type:Sale

A industrial property located at 635 NW 4th Ave in Fort Lauderdale has been sold for $14,100,000. The property spans 62,568 square feet with a price per square foot of $225. The land on which the property is situated covers an area of 124,875 square feet.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $14,100,000
  • Address: 635 NW 4th Ave, Fort Lauderdale
  • Market: Fort Lauderdale
  • Buyer: EverWest
  • Seller: Dixie Investments
  • Buyer's Rep: Jose Sasson & Roberto Susi - Axiom Capital Advisors
  • Seller's Rep: Yishai Sinai - Biscayne Advisors

The purchase was facilitated by Jose Sasson and Roberto Susi from Axiom Capital Advisors, who represented the buyer, EverWest. Yishai Sinai from Biscayne Advisors acted as the seller's representative on behalf of Dixie Investments. It is worth noting that the brokers specialize in sourcing and facilitating off-market transactions. For further inquiries, please reach out to Jose Sasson at 786-393-8089.

Players

Jose Sasson Lerner
76 deals$893.3M volume(786) 393-8089
BROKER

Roberto Susi
AXIOM Capital Advisors
69 deals$870.7M volume
BROKER

Yishai Sinai
Biscayne Advisors
16 deals$93.5M volume(305) 707-1646
BROKER

BUYER

Details

SOLD
IMAGE: Yishai Sinai, Jose Sasson & Roberto Susi DATE: 05/02/2022 ADDRESS: 635 NW 4th Ave MARKET: Fort Lauderdale ASSET TYPE: Industrial BUYER: EverWest - Tyler Williams SELLER: Dixie Investments - Chuck Frasier BUYER'S REP: Jose Sasson & Roberto Susi - Axiom Capital Advisors SELLER'S REP: Yishai Sinai - Biscayne Advisors (@BiscayneAdvisors) SALE PRICE: $14,100,000 SF: 62,568 ~ PPSF: $225 LAND SF: 124,875 NOTE FROM BROKER: We specialize in sourcing & facilitating off-market transactions, please feel free to reach out to Jose Sasson @ 786-393-8089

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$751,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$50,094.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,841.19
Annual Debt Service$802,094.32