James H Batmasian Acquires Store On Wiles Rd In Coral Springs, FL For $4.25M
10750 Wiles Road, Coral Springs, Florida 33076, United States
$4,250,000
$191/SF
Building Size
22,183 SF
Asset Type
Retail
Closing
Apr 17, 2022
About this deal
AI
The property at 10750 Wiles Rd in Coral Springs, FL has been sold. The store, with a total square footage of 22,183, was purchased by James H Batmasian. The seller, Phyllis Robinson & Hinda Bramnick, agreed to a sale price of $4,250,000. This translates to a price per square foot of $191.
Summary of transaction details:
- Property Type: Store
- Transaction Amount: $4,250,000
- Address: 10750 Wiles Rd, Coral Springs, FL
- Buyer: James H Batmasian
- Seller: Phyllis Robinson & Hinda Bramnick
- Square Footage: 22,183
- Price per Square Foot: $191
This transaction involved the buyer, James H Batmasian, and the seller, Phyllis Robinson & Hinda Bramnick. The deal was successfully concluded, resulting in the sale of the store property at 10750 Wiles Rd in Coral Springs, FL.
Players
Coral Springs 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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93