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Troy D. Taylor Of Coca-Cola Beverages Florida Acquires Land From Hamid Moghadam For $6.6M
SOLD
$6,600,000
Florida
See Similar DealsLand96,469 SF
Sold 05/08/2025
SOLD
Troy D. Taylor Of Coca-Cola Beverages Florida Acquires Land From Hamid Moghadam For $6.6M
Land96,469 SF
Sold 05/08/2025
Summary
Asset Type:Land
Price Per Square Foot:$68
Total Square Footage:96,469 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$352,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,448.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,287.37
Annual Debt Service$375,448.41
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