Christopher Bleakly & Jared Schmidt Acquire Retail Property In Dania, FL For $4.03M
1001 Old Griffin Road, Dania Beach, Florida 33004, United States
$4,031,029
$346/SF
Building Size
11,624 SF
Asset Type
Retail
Closing
Jul 25, 2022
About this deal
AI
The retail property located at 1001 Old Griffin Rd in Dania, FL has been sold on 07/26/2022. The property spans 11,624 square feet, with a price per square foot of $34, resulting in a total transaction amount of $4,031,029.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,031,029
- Address: 1001 Old Griffin Rd
- Market: Dania, FL
The buyer of the property is Christopher Bleakly & Jared Schmidt, while the sellers are Linda Rossy & Richard La Valliere.
The retail sale at 1001 Old Griffin Road, Dania Beach, Florida 33004, United States in Dania, Florida sold for $4M in 2022. The building is 11,624 square feet, implying about 346 per square foot on the published price. Named participants on the 1001 Old Griffin Road, Dania Beach, Florida 33004, United States sale are Christopher Bleakly, Jared Schmidt. This page is the Dania, Florida file for the 1001 Old Griffin Road, Dania Beach, Florida 33004, United States retail sold: pricing, party profiles, and other closed retail comps from the same Dania sit in the Market section below. Filter that Dania retail set by closing date to see what else sold near 1001 Old Griffin Road, Dania Beach, Florida 33004, United States around 2022. Published consideration for 1001 Old Griffin Road, Dania Beach, Florida 33004, United States is $4M, dated 2022. Cite this Christopher Bleakly & Jared Schmidt Acquire Retail Property In Dania, FL For $4.03M sale when underwriting similar retail product around Dania, Florida.
Dania 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
3.94%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93