Todd Stephens Sells Industrial Asset In Dania Beach For $16M With Buyer's Rep Lawrence Oxenberg & Keith Graves
SOLD
$16,000,000
Florida
See Similar DealsIndustrial72,461 SF
Sold 02/11/2026
SOLD
Todd Stephens Sells Industrial Asset In Dania Beach For $16M With Buyer's Rep Lawrence Oxenberg & Keith Graves
5650 Anglers Avenue
See Similar DealsIndustrial72,461 SF
Sold 02/11/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$220
Total Square Footage:72,461 SF
Transaction Type:Sale
The property asset involved in this transaction is an industrial asset located at 5650 Anglers Avenue in Dania Beach, Broward County. It features a sale price of $16,000,000 and has a total square footage of 72,461, translating to a price per square foot of $220.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,000,000
- Square Footage: 72,461
- Price per Square Foot: $220
- Address: 5650 Anglers Avenue
- Market: Dania Beach, Broward County
- Seller: Todd Stephens
- Buyer's Representative: Lawrence Oxenberg & Keith Graves - Berger Commercial Realty
The transaction was facilitated by Lawrence Oxenberg and Keith Graves, representing the buyer in this deal through Berger Commercial Realty, demonstrating their involvement in the completion of this sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$853,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,848.16
Annual Debt Service$910,177.95
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