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507 W Alexander St, Plant C...

Updated Oct 28, 2024

Joan L. Yori Acquires Office In Plant City For $3.9M
SOLDOffice

Joan L. Yori Acquires Office In Plant City For $3.9M

507 W Alexander St, Plant City, FL, USA

$3,878,389

$356/SF

Building Size

10,893 SF

Asset Type

Office

Closing

Aug 31, 2021

About this deal

AI

The office property located at 507 W Alexander St in Plant City has been sold for a total price of $3,878,389. The property spans a total area of 10,893 square feet, giving it a price per square foot of $356.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $3,878,389
  • Address: 507 W Alexander St, Plant City
  • Market: Plant City
  • Buyer: Joan L. Yori
  • Seller: Plant City Aligned Rei LP
  • Square Footage: 10,893
  • Price per Square Foot: $356

Joan L. Yori has purchased the office property located at 507 W Alexander St in Plant City. The sale was facilitated by Plant City Aligned Rei LP, representing the seller in the transaction.

Players

Plant City Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $356 per square foot on a published $3.9M for 10,893 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.09%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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