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7800 Peters Road, Plantatio...

Intalex Capital Acquires Plantation Office For $15M
SOLDOffice

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

Dominic Montazemi

Cushman & Wakefield

Broker

$4.2B

vol

90 deals

Broker
IC
Intalex CapitalBuyer

Plantation Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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