Updated Dec 21, 2023
Ari Tsatsaronis, Theodore Karagiannis, Michael Zikos, Lawrence Cerullo & Dimitrios Sidiropoulos Acquire Fort Lauderdale Warehouse For $3M
750 West Mcnab Road, Fort Lauderdale, Florida 33309, United States
$3,000,000
$202/SF
Building Size
14,793 SF
Asset Type
Industrial
Closing
Jul 27, 2022
About this deal
AI
A warehouse located at 750 W McNab Rd in Fort Lauderdale, FL has been sold for $3,000,000. The property spans 14,793 square feet, resulting in a price per square foot of $202.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $3,000,000
- Address: 750 W McNab Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Ari Tsatsaronis, Theodore Karagiannis, Michael Zikos, Lawrence Cerullo, & Dimitrios Sidiropoulos
- Seller: Kevin Bolender
- Square Footage: 14,793
- Price Per Square Foot: $202
The buyer of the warehouse at 750 W McNab Rd in Fort Lauderdale, FL is Ari Tsatsaronis, Theodore Karagiannis, Michael Zikos, Lawrence Cerullo, and Dimitrios Sidiropoulos. They have acquired the property from the seller, Kevin Bolender.
On the Map
$3,000,000
$202/SF
Industrial
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Players
Fort Lauderdale 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93