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937 NW 8th Ave Fort Lauderd...

Luis Jaller Purchases Industrial Property At 937 Northwest 8th Avenue In Fort Lauderdale For $1.6M
SOLDIndustrial

Luis Jaller Purchases Industrial Property At 937 Northwest 8th Avenue In Fort Lauderdale For $1.6M

937 NW 8th Ave Fort Lauderdale, FL 33311, USA

$1,675,000

$335/SF

Building Size

5,000 SF

Asset Type

Industrial

Closing

May 11, 2023

AI

The industrial property located at 937 Northwest 8th Avenue in Fort Lauderdale has been sold. The property spans approximately 5,000 square feet and was sold for a price of $1,675,000, resulting in a price per square foot of $335.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,675,000
  • Square Footage: 5,000
  • Price per Square Foot: $335
  • Address: 937 Northwest 8th Avenue, Fort Lauderdale
  • Market: Fort Lauderdale

Luis Jaller has purchased the property from Tommy Bizaoui. Elad Barokas, representing Axiom Capital Advisors, facilitated the transaction as the seller's representative. For future opportunities and off-market transactions, interested parties can contact Elad Barokas at 786-468-9489 or [email protected].

Players

Elad Barokas

AXIOM Capital Advisors

Broker

$82.1M

vol

25 deals

Broker

Miami 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

9.47%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93