Port Consolidated Inc Acquires Industrial Property In Fort Pierce For $3.58M
SOLD
$3,575,190
Florida
See Similar DealsIndustrial8,824 SF
Sold 09/16/2025
SOLD
Port Consolidated Inc Acquires Industrial Property In Fort Pierce For $3.58M
907 Angle Road
See Similar DealsIndustrial8,824 SF
Sold 09/16/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$405
Total Square Footage:8,824 SF
Transaction Type:Sale
An industrial property located at 907 Angle Road in Fort Pierce, FL, has been sold. The transaction, executed for a total of $3,575,190, encompasses a total square footage of 8,824 and a price per square foot of $405. This property spans across 7.63 acres.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $3,575,190
- Address: 907 Angle Road
- Market: Fort Pierce
- Square Footage: 8,824
- Price per Square Foot: $405
- Buyer: Port Consolidated Inc
- Broker Representation: Reid Armor & Adam Karol - NAI Southcoast
NAI Southcoast successfully represented both the buyer, Port Consolidated Inc, and the seller in this transaction, showcasing their expertise in handling industrial property deals within the Fort Pierce market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$190,676.81
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,701.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,948.22
Annual Debt Service$203,378.69
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