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111 Myrtle Ridge Road

Updated Oct 28, 2024

Daniel Calzadilla Acquires Retail Property In Tampa For $4.7M From Seller Gina Beaz
SOLDRetail

Daniel Calzadilla Acquires Retail Property In Tampa For $4.7M From Seller Gina Beaz

111 Myrtle Ridge Road

$4,700,000

$432/SF

Building Size

10,871 SF

Asset Type

Retail

Closing

Jul 2, 2022

About this deal

AI

A retail property located at 111 Myrtle Ridge Rd in Tampa has been sold for $4,700,000. The property spans 10,871 square feet, resulting in a price per square foot of $432. The buyer, Daniel Calzadilla, acquired both the real estate building and the business portion of a preschool/after-school center.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,700,000
  • Square Footage: 10,871
  • Price per Square Foot: $432
  • Address: 111 Myrtle Ridge Rd, Tampa

Denny Morris of an undisclosed agency represented both the buyer, Daniel Calzadilla, and the seller, Gina Beaz, in this transaction.

Note from the buyer: The purchase of the property includes the real estate building as well as the business portion of the preschool/after-school center in Tampa.

Players

Lutz Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $432 per square foot on a published $4.7M for 10,871 square feet (2022).

Browse Lutz retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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