Anthony J. Hall Acquires Office Building In Fort Lauderdale For $7M
5100 Federal Highway, Fort Lauderdale, Florida 33308, United States
$7,000,000
$164/SF
Building Size
42,445 SF
Asset Type
Office
Closing
Feb 15, 2022
About this deal
AI
The office property located at 5100 N Federal Highway in Fort Lauderdale has been sold. The transaction was facilitated by Benjamin H. Silver of CBRE. The property spans 42,442 square feet and was sold for a total price of $7,000,000, resulting in a price per square foot of $165. The buyer, Anthony J. Hall, acquired the property from seller Ethan Lazar.
Summary of transation details
- Property Type: Office
- Transaction Amount: $7,000,000
- Date: 02/16/2022
- Address: 5100 N Federal Highway, Fort Lauderdale
- Market: Fort Lauderdale
Benjamin H. Silver, representing CBRE, was the broker responsible for facilitating the sale. The transaction successfully closed on the specified date.
Players
Fort Lauderdale 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93