Daily limit: 0/10
Winter Haven Medical Plaza Sold For $10.3M With Jacob Baruch & Ari Warshaw As Brokers
SOLD
Florida
See Similar DealsMixed-use36,637 SF
Sold 10/23/2024
SOLD
Winter Haven Medical Plaza Sold For $10.3M With Jacob Baruch & Ari Warshaw As Brokers
7450 Cypress Gardens Boulevard
See Similar DealsMixed-use36,637 SF
Sold 10/23/2024
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$281
Total Square Footage:36,637 SF
Transaction Type:Sale
The property asset involved in the transaction is a mixed-use retail center known as Winter Haven Medical Plaza, located at 7450 Cypress Gardens Boulevard in Winter Haven. The sale price was $10,300,000 for a total square footage of 36,637, resulting in a price per square foot of $281.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $10,300,000
- Address: 7450 Cypress Gardens Boulevard
- Market: Winter Haven
- Square Footage: 36,637
- Price per Square Foot: $281
Ari Warshaw and Jacob Baruch of Legacy Realty Group Advisors represented both the buyer and seller in this transaction, facilitating the close deal of the retail center.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$549,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,593.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,827.25
Annual Debt Service$585,927.06
Is there something missing? Send suggestions
