BTI Partners Acquires Hollywood Shopping Center For $16M
100 East Young Circle, Hollywood, FL, USA
$16,000,000
$113/SF
Building Size
141,570 SF
Asset Type
Retail
Closing
Jan 26, 2020
AI
A shopping center located at 100-1735 E Young Circle in Hollywood has been sold for $16,000,000. The property spans 141,570 square feet, resulting in a price per square foot of $113. The sale was completed on January 27, 2020, and the transaction involved the buyer, BTI Partners represented by Noah Breakstone, and the seller, Regency. The brokerage firm Cushman & Wakefield facilitated the deal.
Summary of transaction details:
- Property Type: Shopping center
- Transaction Amount: $16,000,000
- Address: 100-1735 E Young Circle, Hollywood
- Square Footage: 141,570
- Price per Square Foot: $113
- Buyer: BTI Partners - Noah Breakstone
- Seller: Regency
- Broker: Cushman & Wakefield
No additional information was provided about the shopping center involved in the transaction.
Players
Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93