12350 NW 39th St Office In Coral Springs Sold For $4.33M
12350 NW 39th St, Coral Springs, FL, USA
$4,330,000
$135/SF
Building Size
31,917 SF
Asset Type
Office
Closing
Apr 29, 2021
About this deal
AI
Located at 12350 NW 39th St in Coral Springs, this office property was recently sold in a closed transaction. The buyer, 12350 Coral Springs Office LLC, acquired the property from the seller, Chris S. Barton. The transaction took place on April 30, 2021, with a sale price of $4,330,000. The property spans a total of 31,917 square feet, resulting in a price per square foot of $136.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,330,000
- Square Footage: 31,917
- Price per Square Foot: $136
- Market: Coral Springs
This transaction involved 12350 Coral Springs Office LLC as the buyer and Chris S. Barton as the seller. Both parties were represented by their respective agents.
Players
Coral Springs Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.66%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93