facebook
Traded Co logo
Submit

VlietCo Enterprises Acquires Medley Industrial Property For $34.8M

Property Image
SOLD
$34,800,000

Florida

See Similar Deals
Industrial170,000 SF
Sold 08/20/2020
the dealplayerscompscontact
Property Image
SOLD

VlietCo Enterprises Acquires Medley Industrial Property For $34.8M

8200 Northwest 93rd Street, Medley, FL 33166, USA

See Similar Deals
Industrial170,000 SF
Sold 08/20/2020
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$204
Total Square Footage:170,000 SF
Transaction Type:Sale

The industrial property located at 8200 Northwest 93rd Street in Medley has been sold in a recent transaction. The sale was completed on 08/20/2021, with VlietCo Enterprises, represented by Klaas Vlietstra, as the buyer. The seller of the property was ED Medley. The property spans across 170,000 square feet and is situated on 8.9 acres of land. The sale price for this transaction was $34,800,000, resulting in a price per square foot of $205. The price per acre was calculated to be $3,910,112.

Summary of Transaction Details:

  • Property Type: Industrial
  • Sale Price: $34,800,000
  • Square Feet: 170,000
  • Price per Square Foot: $205
  • Address: 8200 Northwest 93rd Street, Medley
  • Acres: 8.9
  • Price per Acre: $3,910,112

Melissa Rose and Cody Brais from JLL acted as the mortgage brokers for this transaction. They played a crucial role in facilitating the mortgage process for the buyer and ensuring a successful deal. With their expertise and industry knowledge, Melissa Rose and Cody Brais represented the interests of VlietCo Enterprises, assisting in securing the necessary financing for the purchase of the industrial property.

Players

Cody Brais
37 deals$1.7B volume
BROKER

Melissa Rose
JLL
54 deals$3.2B volume
BROKER

Details

SOLD
IMAGE: Cody Brais & Melissa Rose DATE: 08/20/2021 ADDRESS: 8200 Northwest 93rd Street MARKET: Medley ASSET TYPE: Industrial BUYER: VlietCo Enterprises - Klaas Vlietstra SELLER: ED Medley MORTGAGE BROKERS: Melissa Rose & Cody Brais - JLL SALE PRICE: $34,800,000 SF: 170,000 ~ PPSF: $205 ACRES: 8.9 ~ PPA: $3,910,112

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)

$1,855,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$123,637.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$164,969.75
Annual Debt Service$1,979,637.05