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
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