facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Sale

/

5100 North Federal Highway,...

Updated Oct 28, 2024

Hall Consolidated Group LLC Acquires Fort Lauderdale Office Building For $7M
SOLDOffice

Hall Consolidated Group LLC Acquires Fort Lauderdale Office Building For $7M

5100 North Federal Highway, Fort Lauderdale, FL 33308

$7,000,000

$164/SF

Building Size

42,442 SF

Asset Type

Office

Closing

Feb 18, 2022

About this deal

AI

The office property located at 5100 N. Federal Highway in Fort Lauderdale has been sold for a price of $7,000,000. The transaction took place on February 18, 2022. The property spans across 42,442 square feet, resulting in a price per square foot of $165. The buyer of the property is Hall Consolidated Group LLC, while the seller is 5100 Realty LLC. The sale was facilitated by Benjamin Silver from CBRE.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $7,000,000
  • Address: 5100 N. Federal Highway, Fort Lauderdale
  • Market: Fort Lauderdale
  • Buyer: Hall Consolidated Group LLC
  • Seller: 5100 Realty LLC
  • Broker: Benjamin Silver - CBRE
  • Square Footage: 42,442
  • Price Per Square Foot: $165

This transaction highlights the successful acquisition of the office property by Hall Consolidated Group LLC, with Benjamin Silver of CBRE representing both the buyer and seller. The deal showcases the value of the property in the Fort Lauderdale market, providing an opportunity for Hall Consolidated Group LLC to expand their real estate portfolio in the area.

Players

Benjamin Silver

CBRE

Broker

$295.3M

vol

38 deals

Broker

Fort Lauderdale Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $164 per square foot on a published $7M for 42,442 square feet (2022).

Visit Benjamin (Ben) Silver to view all their deals.

Browse Florida office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets