facebook
Traded Co logo
Submit

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

Property Image
SOLD
$1,675,000

Florida

See Similar Deals
Industrial5,000 SF
Sold 05/11/2023
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Industrial5,000 SF
Sold 05/11/2023
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$335
Total Square Footage:5,000 SF
Transaction Type:Sale

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
25 deals$82.1M volume(786) 468-9489
BROKER

Details

SOLD
IMAGE: Elad Barokas DATE: 05/11/2023 ADDRESS: 937 Northwest 8th Avenue MARKET: Fort Lauderdale ASSET TYPE: Industrial BUYER: Luis Jaller SELLER: Tommy Bizaoui SELLER'S REP: Elad Barokas - Axiom Capital Advisors SALE PRICE: $1,675,000 SF: 5,000 ~ PPSF: $335 NOTE FROM SELLER'S REP: We specialize in sourcing and facilitating off-market transactions, please feel free to reach out to Elad Barokas @ 786-468-9489/ [email protected] for future opportunities.

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)

$89,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,950.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,940.35
Annual Debt Service$95,284.25