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
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.
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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