Edward P. Mckenzie Acquires Store In Fort Lauderdale For $3.95M
1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States
$3,950,000
Building Size
—
Asset Type
Retail
Closing
Mar 21, 2022
About this deal
AI
The property involved in this transaction is a store located at 1201 NE 26th St in Fort Lauderdale, FL. The sale took place on 03/22/2022.
Summary of transaction details:
- Property Type: Store
- Transaction Amount: $3,950,000
- Address: 1201 NE 26th St, Fort Lauderdale, FL
The buyer of the store is Edward P. Mckenzie, while the sellers are Vincenzo Perna and Gladys C. Valerio.
The retail sale at 1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States in Fort Lauderdale, Florida sold for $4M in 2022. 1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States is classified as Retail on Traded. This page is the Fort Lauderdale, Florida file for the 1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States retail sold: pricing, party profiles, and other closed retail comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale retail set by closing date to see what else sold near 1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States around 2022. Published consideration for 1201 Northeast 26th Avenue, Fort Lauderdale, Florida 33305, United States is $4M, dated 2022. Cite this Edward P. Mckenzie Acquires Store In Fort Lauderdale For $3.95M sale when underwriting similar retail product around Fort Lauderdale, Florida.
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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93