SOLDMixed-use
Tricera Capital Sells Mixed-use & Industrial Property In Tampa & St. Petersburg For $27.45M
442 W Kennedy Blvd, Tampa, FL, USA
$27,450,000
$207/SF
Building Size
132,248 SF
Asset Type
Mixed-use
Closing
Nov 19, 2021
AI
Tricera Capital has sold a mixed-use and industrial property located at 442 W. Kennedy Blvd & 201 17th Street South in Tampa and St. Petersburg. The property spans a total of 132,248 square feet.
Summary of transation details
- Property Type: Mixed-use & Industrial
- Transaction Amount: $27,450,000
- Market: Tampa & St. Petersburg
- Seller: Tricera Capital - Ben Mandell
- Image Credit: Ben Mandell
- Date: 11/19/2021
- Address: 442 W. Kennedy Blvd & 201 17th Street South
This sale transaction was facilitated by Tricera Capital's representative, Ben Mandell.
Players
Tampa Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93