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10606 Sheldon Road, Tampa, ...

Updated Dec 21, 2023

Ryan Serkes Acquires Retail Property In Tampa, FL From Patrick A. Lind For $2.95M
SOLDRetail

Ryan Serkes Acquires Retail Property In Tampa, FL From Patrick A. Lind For $2.95M

10606 Sheldon Road, Tampa, Florida 33626, United States

$2,950,000

$467/SF

Building Size

6,311 SF

Asset Type

Retail

Closing

Dec 22, 2021

About this deal

AI

The retail property located at 10606 Sheldon Rd in Tampa, FL was recently sold in a closed transaction on December 23, 2021. The property has a total square footage of 6,311 and was sold for a price of $2,950,000. The price per square foot for this transaction is $467.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,950,000
  • Address: 10606 Sheldon Rd, Tampa, FL
  • Square Footage: 6,311
  • Price per Square Foot: $467

The buyer of the property is Ryan Serkes, while the seller is Patrick A. Lind.

Players

Tampa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $467 per square foot on a published $3M for 6,311 square feet (2021).

Browse Florida retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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