Kenneth Glazer Of Buckingham Properties Acquires Central Park Plaza In Largo For $5.6M
1350 Missouri Avenue North
$5,600,000
$117/SF
Building Size
47,653 SF
Asset Type
Retail
Closing
Jan 7, 2025
About this deal
AI
The retail property located at 1350 Missouri Avenue North in Largo spans 4.26 acres and has a total square footage of 47,653. It was acquired for a price of $5,600,000, translating to a price per square foot of $118. At the time of sale, the property was reported to be 95% leased, with notable tenants including NAPA Auto Parts and Rent-A-Center.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,600,000
- Address: 1350 Missouri Avenue North
- Market: Largo
- Acres: 4.26
- Square Footage: 47,653
- Price Per Square Foot: $118
- Buyer: Kenneth Glazer - Buckingham Properties
- Brokers: Jeff Berkezchuk & Jim Michalak - Plaza Advisors
The transaction was facilitated by Plaza Advisors, representing the sellers in the deal. The involvement of Kenneth Glazer from Buckingham Properties highlights the key individuals contributing to this property sale, showcasing their engagement in the retail market.
On the Map
$5,600,000
$117/SF
Retail
View full map
Players
Largo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Jim Michalak to view all their deals.
Browse Largo retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93