Intalex Capital Acquires Plantation Office For $15M
7800 Peters Road, Plantation, FL, USA
$15,000,000
$185/SF
Building Size
81,034 SF
Asset Type
Office
Closing
Mar 30, 2021
AI
An office property located at 7800 Peters Road in Plantation has been sold in a recent transaction. The property covers an area of 81,034 square feet and was sold for a price of $15,000,000, resulting in a price per square foot of $185. The transaction took place on March 31, 2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,000,000
- Address: 7800 Peters Road, Plantation
- Market: Plantation
The buyer of the property is Intalex Capital, and the seller is James W. Inklebarger of Brinwo Development Corp. The deal was facilitated by Scott O'Donnell and Dominic Montazemi from the agency Cushman & Wakefield.
That's the latest update on the sale of the office property at 7800 Peters Road in Plantation. Stay tuned for more real estate news!
Players
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93