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6261 Northwest 6th Way, For...

Anuj Grover Acquires Office Building In Fort Lauderdale, FL For $4.9M
SOLDOffice

Anuj Grover Acquires Office Building In Fort Lauderdale, FL For $4.9M

6261 Northwest 6th Way, Fort Lauderdale, Florida 33309, United States

$4,900,000

$135/SF

Building Size

36,282 SF

Asset Type

Office

Closing

Jul 14, 2022

AI

The office building located at 6261 NW 6th Way in Fort Lauderdale, FL has been sold. The property spans a total area of 36,282 square feet and was sold for a price of $4,900,000, resulting in a price per square foot of $135.

Summary of transaction details:

  • Property Type: Office Building
  • Transaction Amount: $4,900,000
  • Address: 6261 NW 6th Way, Fort Lauderdale, FL
  • Total Area: 36,282 square feet
  • Price per Square Foot: $135
  • Market: Fort Lauderdale, FL

The buyer in this transaction is Anuj Grover, while the seller is John D. Voigt.

Players

Anuj Grover

Grover Corlew

Broker

$222.6M

vol

5 deals

Broker

Anuj Grover

Buyer

$222.6M

vol

5 deals

Buyer

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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93