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CBRE Brokers Larry Genet, Zack Krawiec & Tom O'Loughlin Facilitate $4.44M Sale Of Industrial Property In Medley

Property Image
SOLD
$4,440,000
Tom O'Loughlin
Larry Genet
Zack Krawiec

Florida

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Industrial14,264 SF
Sold 12/28/2022
the dealplayerscompscontact
Property Image
SOLD

CBRE Brokers Larry Genet, Zack Krawiec & Tom O'Loughlin Facilitate $4.44M Sale Of Industrial Property In Medley

8085 Nw 90 St

See Similar Deals
Industrial14,264 SF
Sold 12/28/2022
Tom O'Loughlin
Larry Genet
Zack Krawiec
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$311
Total Square Footage:14,264 SF
Transaction Type:Sale

The industrial property located at 8085 NW 90th St in Medley has been sold. The transaction, which took place on December 28, 2022, was facilitated by Larry Genet, Zack Krawiec, and Tom O'Loughlin of CBRE.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,440,000
  • Square Footage: 14,264
  • Price Per Square Foot: $311
  • Address: 8085 NW 90th St
  • Market: Medley

The deal involved the participation of Larry Genet, Zack Krawiec, and Tom O'Loughlin from CBRE. They represented the involved parties in the transaction, but the specific buyer and seller are not disclosed.

Players

Larry Genet
CBRE
Larry Genet
57 deals$436M volume(305) 807-0004
BROKER
Tom O'Loughlin
CBRE
Tom O'Loughlin
56 deals$831.7M volume(954) 817-3919
BROKER
Zack Krawiec
CBRE
Zack Krawiec
6 deals$22.7M volume
BROKER

Details

SOLD
IMAGE: Larry Genet, Tom O'Loughlin & Zack Krawiec DATE: 12/28/2022 ADDRESS: 8085 Nw 90 St MARKET: Medley ASSET TYPE: Industrial BROKERS: Larry Genet (@LarryGenet), Zack Krawiec & Tom O'Loughlin (@OLoughlin.Tom) - CBRE SALE PRICE: $4,440,000 SF: 14,264 ~ PPSF: $311

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$236,800.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,774.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,047.87
Annual Debt Service$252,574.38