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9950 Northwest South River ...

A&D Group Realty Sells Medley Industrial Property For $7.025M
SOLDIndustrial

A&D Group Realty Sells Medley Industrial Property For $7.025M

9950 Northwest South River Drive, Medley, FL, USA

$7,025,000

$29/SF

Building Size

237,283 SF

Asset Type

Industrial

Closing

Nov 5, 2021

AI

An industrial property located at 9950 NW South River Dr in Medley has been sold in a recent transaction. The property spans a total of 237,283 square feet and was listed for sale at an asking price of $7,850,000. The final sale price was recorded at $7,025,000, resulting in an approximate price per square foot of $30.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,025,000
  • Address: 9950 NW South River Dr, Medley
  • Market: Medley
  • Asking Price: $7,850,000
  • Square Footage: 237,283
  • Price per Square Foot: $30

Americo D`Agostini and Domenico Albano from A&D Group Realty represented the seller in this transaction.

Players

Americo D'Agostini

Broker

$38.4M

vol

6 deals

Broker

Medley 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

2.26%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93