Elysee Investments Purchases Retail Space From Peter Gayda In Fort Lauderdale For $15.84M
1101 N Federal Hwy
$15,840,000
$413/SF
Building Size
38,334 SF
Asset Type
Retail
Closing
Aug 30, 2019
About this deal
AI
The property asset involved in this transaction is located at 1101 N Federal Hwy in Fort Lauderdale, with a retail asset type. The sale price was $15,840,000.00, and the total square footage of the property is 38,334.0 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,840,000.00
- Address: 1101 N Federal Hwy
- Market: Fort Lauderdale
- Buyer: Elysee Investments
- Seller: Peter Gayda
- Brokers: Tyler Kuhlman
This transaction was facilitated by broker Tyler Kuhlman, representing the deal and coordinating between the buyer, Elysee Investments, and the seller, Peter Gayda, to ensure the successful completion of the sale.
On the Map
$15,840,000
$413/SF
Retail
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Players
Fort Lauderdale 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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93