TCII Capital Group Acquires Retail Space In Bonita Springs From Integra For $3.6M
12831 Trade Center Drive
$3,600,000
$589/SF
Building Size
6,108 SF
Asset Type
Retail
Closing
Oct 1, 2023
About this deal
AI
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,600,000.00
- Buyer: TCII Capital Group
- Seller: Integra
- Sale Date: 10/01/2023
- Market: Bonita Springs
The retail sale at 12831 Trade Center Drive in Bonita Springs, Florida sold for $3.6M in 2023. The building is 6,108 square feet, implying about 589 per square foot on the published price. Named participants on the 12831 Trade Center Drive sale are Lyman Phillips, Integra. This page is the Bonita Springs, Florida file for the 12831 Trade Center Drive retail sold: pricing, party profiles, and other closed retail comps from the same Bonita Springs sit in the Market section below. Filter that Bonita Springs retail set by closing date to see what else sold near 12831 Trade Center Drive around 2023. Published consideration for 12831 Trade Center Drive is $3.6M, dated 2023. Cite this TCII Capital Group Acquires Retail Space In Bonita Springs From Integra For $3.6M sale when underwriting similar retail product around Bonita Springs, Florida.
On the Map
$3,600,000
$589/SF
Retail
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Bonita 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93