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Evergreen 3 Acquires Multi-Tenant Medical Office In Tamarac For $4.4M

Property Image
SOLD
$4,400,000
Quinn Sousa
Jonathan de Maa
+ 1

Florida

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Office28,600 SF
Sold 06/02/2020
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Property Image
SOLD

Evergreen 3 Acquires Multi-Tenant Medical Office In Tamarac For $4.4M

7443 N University Dr, Tamarac, FL, USA

See Similar Deals
Office28,600 SF
Sold 06/02/2020
Quinn Sousa
Jonathan de Maa
+ 1
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$153
Total Square Footage:28,600 SF
Transaction Type:Sale

A multi-tenant medical office property located at 7443-7495 N University Dr in Tamarac has been sold for a price of $4,400,000. The property spans across 28,600 square feet, resulting in a price per square foot of $154. The sale took place on 06/02/2021 and involved the buyer Evergreeen 3 and the seller Lillian Loeffler Trust.

Summary of transaction details

  • Property Type: Multi-Tenant Medical Office
  • Transaction Amount: $4,400,000
  • Address: 7443-7495 N University Dr, Tamarac
  • Market: Tamarac
  • Buyer: Evergreeen 3
  • Seller: Lillian Loeffler Trust

The buyer was represented by Greg Matus & Jonathan de Maa from Franklin Street, while the seller was represented by Ryan Shaw & Quinn Sousa from Marcus & Millichap.

Players

Greg Matus
39 deals$386.5M volume
BROKER

Jonathan de Maa
Franklin Street
4 deals$29.5M volume
BROKER

Ryan Shaw
Marcus & Millichap
22 deals$145.7M volume
BROKER

Quinn Sousa
Marcus & Millichap
7 deals$27.7M volume
BROKER

Details

SOLD
IMAGE: Ryan Shaw & Quinn Sousa DATE: 06/02/2021 ADDRESS: 7443-7495 N University Dr MARKET: Tamarac ASSET TYPE: Multi-Tenant Medical Office BUYER: Evergreeen 3 SELLER: Lillian Loeffler Trust BUYER'S REP: Greg Matus & Jonathan de Maa - Franklin Street SELLER'S REP: Ryan Shaw & Quinn Sousa - Marcus & Millichap SALE PRICE: $4,400,000 SF: 28,600 ~ PPSF: $154

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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