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100 East Young Circle, Holl...

BTI Partners Acquires Hollywood Shopping Center For $16M
SOLDRetail

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

Noah Breakstone

BTI Partners

Buyer

$151M

vol

4 deals

Buyer

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