facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

7810 Professional Place

Dan Flamholz Acquires Industrial Asset At 7810 Professional Place From David & Betty Nipper For $2.33M
SOLDIndustrial

Dan Flamholz Acquires Industrial Asset At 7810 Professional Place From David & Betty Nipper For $2.33M

7810 Professional Place

$2,300,000

$159/SF

Building Size

14,434 SF

Asset Type

Industrial

Closing

Apr 29, 2025

AI

The property involved in this transaction is an industrial asset located at 7810 Professional Place in Tampa. It was sold for a total price of $2,330,000, encompassing a square footage of 14,434. The price per square foot for this sale is calculated to be $161.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,330,000
  • Address: 7810 Professional Place
  • Market: Tampa
  • Square Footage: 14,434
  • Price Per Square Foot: $161
  • Buyer: Dan Flamholz
  • Seller: David & Betty Nipper
  • Broker Representatives: Pablo Vignolo, Matthew Martinez & Raul Pino - The Hype Real Estate Group

Pablo Vignolo, Matthew Martinez, and Raul Pino represented both the seller and buyer in this transaction, successfully facilitating a smooth closing. The Hype Real Estate Group is actively seeking opportunities in the industrial and retail sectors across various states, including Florida, Georgia, North Carolina, Virginia, and northeastern states. The team operates physical offices in Miami and New York and encourages potential buyers to reach out for similar opportunities.

Players

Raul Pino

The Hype Real Estate Group

Broker

$344.4M

vol

50 deals

Broker

Tampa Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93