Mike Outlaw Acquires Office Building In Tampa From Walter S. Hagenbuckle & Robert Gray For $8.1M
3802 Corporex Park Drive, Tampa, FL, USA
$8,127,332
$95/SF
Building Size
85,498 SF
Asset Type
Office
Closing
Sep 22, 2021
AI
The office property located at 3802 Corporex Park Dr in Tampa has been sold. The transaction took place on September 23, 2021. The property spans an area of 85,498 square feet with a price per square foot of $95. The sale price for the property was $8,127,332.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,127,332
- Address: 3802 Corporex Park Dr
- Market: Tampa
The buyer of the property is Mike Outlaw, while Walter S. Hagenbuckle & Robert Gray acted as the sellers.
Players
Tampa 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
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93