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Pembroke Rd

Troy D. Taylor Of Coca-Cola Beverages Florida Acquires Land From Hamid Moghadam For $6.6M
SOLDLand

Troy D. Taylor Of Coca-Cola Beverages Florida Acquires Land From Hamid Moghadam For $6.6M

$6,600,000

$68/SF

Building Size

96,469 SF

Asset Type

Land

Closing

May 8, 2025

AI

A 2.21-acre parcel of M-1 zoned industrial land was sold for $6.6 million. The property, located at the southwest corner of I-95 and Pembroke Road in Pembroke Park, encompasses a total square footage of 96,469. The price per square foot was calculated at $68.42.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $6,600,000
  • Address: W/SWC I-95 & Pembroke Road
  • Market: Pembroke Park
  • Buyer: Troy D. Taylor - Coca-Cola Beverages Florida
  • Seller: Hamid Moghadam - Prologis

The deal involved Troy D. Taylor representing Coca-Cola Beverages Florida as the buyer and Hamid Moghadam as the seller representing Prologis. This transaction marks a significant acquisition for Coca-Cola Beverages Florida in the industrial land market within Pembroke Park.

Players

Hamid Moghadam

Prologis

Seller

$2.6B

vol

51 deals

Seller

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.40%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93