facebook
Traded Co logo
Submit

CRG Acquires 56,462 SF Miramar Office Building From Zeta Associates For $18M

Property Image
SOLD
$18,000,000

Florida

See Similar Deals
Office56,462 SF
Sold 09/20/2021
the dealdetailscomps
Property Image
SOLD

CRG Acquires 56,462 SF Miramar Office Building From Zeta Associates For $18M

10315 Usa Today Way, Miramar, FL 33025, USA

See Similar Deals
Office56,462 SF
Sold 09/20/2021

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$318
Total Square Footage:56,462 SF
Transaction Type:Sale

The office property located at 10315 USA Today Way in Miramar has been sold for $18,000,000. The property spans over 7 acres and has a total square footage of 56,462. The sale price per square foot was $319.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $18,000,000
  • Address: 10315 USA Today Way
  • Market: Miramar
  • Acres: 7

The buyer in this transaction was CRG, while the seller was Zeta Associates.

Players

BUYER

Details

SOLD
IMAGE: Chris Mckee DATE: 09/20/2021 ADDRESS: 10315 USA Today Way MARKET: Miramar ASSET TYPE: Office ~ ACRES: 7 BUYER: CRG SELLER: Zeta Associates SALE PRICE: $18,000,000 SF: 56,462 ~ PPSF: $319

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$960,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20