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
The retail asset located at 12831 Trade Center Dr Se in Bonita Springs was sold for $3,600,000.00. The property encompasses a total square footage of 6,108.0.
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
In this transaction, TCII Capital Group represented the buyer, while Integra was the seller. The deal highlights the ongoing activity within the retail market segment in the Bonita Springs area.
Players
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