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6500 6530 W Sunrise Blvd

Frank Frione Acquires Office Building From Wendy Urso In Plantation For $1.67M
SOLDOffice

Frank Frione Acquires Office Building From Wendy Urso In Plantation For $1.67M

6500 6530 W Sunrise Blvd

$1,667,000

$260/SF

Building Size

6,400 SF

Asset Type

Office

Closing

Jun 12, 2023

AI

This office property is located at 6500 6530 W Sunrise Blvd in the Plantation market. The asset encompasses a total square footage of 6,400 and was sold for a transaction amount of $1,667,000.00.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,667,000.00
  • Square Footage: 6,400
  • Address: 6500 6530 W Sunrise Blvd
  • Market: Plantation

The buyer of the property is Frank Frione, while the seller is Wendy Urso. The transaction was facilitated by broker Tyler Kuhlman, representing the seller in this deal.

Players

Tyler Kuhlman

CBRE

Broker

$1.6B

vol

113 deals

Broker

FRANK FRIONE

Buyer
Buyer

WENDY URSO

Seller
Seller

Plantation 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

9.52%

Cash-on-Cash

-2.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93