Louis Sheinker Of GTJ REIT Acquires Industrial Asset From Flint McNaughton Of SunCap For $34.98M
SOLD
$34,980,000
Florida
See Similar DealsIndustrial104,120 SF
Sold
SOLD
Louis Sheinker Of GTJ REIT Acquires Industrial Asset From Flint McNaughton Of SunCap For $34.98M
9111 Cheetos Cir
See Similar DealsIndustrial104,120 SF
Sold
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$336
Total Square Footage:104120 SF
Transaction Type:Sale
The industrial property located at 9111 Cheetos Cir in Fort Myers, FL has been sold for $34,980,000. The total square footage of the asset is 104,120, resulting in a price per square foot of $335.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $34,980,000
- Buyer: Louis Sheinker - GTJ REIT
- Seller: Flint McNaughton - SunCap Property Group
- Broker: Adan Elias Kornfeld
The transaction was facilitated by broker Adan Elias Kornfeld, who played a key role in the closing of this property sale, representing the involved parties in the deal.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
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 Listings
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,865,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$124,276.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$165,823.05
Annual Debt Service$1,989,876.55
Is there something missing? Send suggestions