Updated Dec 19, 2023
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
About this deal
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.
On the Map
$7,025,000
$29/SF
Industrial
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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