facebook
Traded Co logo
Submit
Daily limit: 0/10

Builders FirstSource Acquires 9.88-Acre Industrial Site In Manatee County For $13.75M

Property Image
SOLD
$13,750,000

Florida

See Similar Deals
Industrial130,877 SF
Sold 06/23/2023
the dealdetailscomps
Property Image
SOLD

Builders FirstSource Acquires 9.88-Acre Industrial Site In Manatee County For $13.75M

7110 21st St E Sarasota, Fl 34243, Usa

See Similar Deals
Industrial130,877 SF
Sold 06/23/2023
the dealdetailscomps

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$105
Total Square Footage:130,877 SF
Transaction Type:Sale

Builders FirstSource has purchased a 9.88-acre industrial site located at 7110 21st Street in Sarasota, Florida. The property was sold by Rodney Dessberg for a total price of $13,750,000. This acquisition will allow Builders FirstSource, a Texas-based building supply company, to expand their operations and establish a distribution center in the area.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $13,750,000
  • Square Footage: 130,877 SF
  • Price per Square Foot: $105
  • Address: 7110 21st Street, Sarasota, Florida
  • Market: Sarasota
  • Buyer: Builders FirstSource - Dave Rush
  • Seller: Rodney Dessberg
  • Broker: Harry E. Robbins Associates

The purchase of the industrial site by Builders FirstSource signifies their intention to expand operations and establish a distribution center in Manatee County, Florida. This strategic move will likely contribute to the growth and development of the company in the region, benefiting both Builders FirstSource and the local economy.

Players

BF
Builders FirstSource
BUYER

Details

SOLD
IMAGE: Dave Rush DATE: 06/23/2023 ADDRESS: 7110 21st Street MARKET: Sarasota ASSET TYPE: Industrial ~ ACRES: 9.88 BUYER: Builders FirstSource - Dave Rush SELLER: Rodney Dessberg BROKER: Harry E. Robbins Associates SALE PRICE: $13,750,000 SF: 130,877 ~ PPSF: $105 NOTE: Builders FirstSource has purchased a 9.88-acre industrial site in Manatee County, Florida, for $13.75 million. The Texas-based building supply company plans to use the property to expand operations and establish a distribution center in the area.

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

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)

$733,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$48,850.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,182.01
Annual Debt Service$782,184.18