Gregory Michael Dell & Kelly A. Dell Acquire Office Building In Fort Lauderdale For $3.02M
2625 Weston Rd, Weston, FL, USA
$3,020,000
$309/SF
Building Size
9,765 SF
Asset Type
Office
Closing
Oct 3, 2021
About this deal
AI
The office property located at 2625 Weston Rd in Fort Lauderdale has been sold for $3,020,000. Covering an area of 9,765 square feet, the property was purchased by Gregory Michael Dell & Kelly A. Dell from Eiglarsh Executive Offices LLC. The price per square foot for this transaction was $309.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,020,000
- Address: 2625 Weston Rd, Fort Lauderdale
- Buyer: Gregory Michael Dell & Kelly A. Dell
- Seller: Eiglarsh Executive Offices LLC
- Square Footage: 9,765
- Price per Square Foot: $309
This sale transaction involved Gregory Michael Dell & Kelly A. Dell as the buyers, while Eiglarsh Executive Offices LLC acted as the seller. The deal was successfully concluded on 10/04/2021.
Players
Weston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.25%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93