Lawrence Aaronson Acquires Property At 15250 S Tamiami Trail Fort Myers For $8.1M
15250 S Tamiami Trail, Fort Myers, FL...
$8,100,000
$71/SF
Building Size
113,617 SF
Asset Type
Retail
Closing
Nov 19, 2023
About this deal
AI
The property at 15250 S Tamiami Trail, Fort Myers, FL is situated in the Fort Myers market. It has a sale price of $8,100,000.00 and encompasses a total area of 113,617 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $8,100,000.00
- Address: 15250 S Tamiami Trail, Fort Myers, FL
- Market: Fort Myers
- Buyer: Lawrence Aaronson
- Seller: Anastasios Vasilakos
- Buyer's Rep: Bruce Micciche - LandQwest Commercial
- Seller's Rep: Chase Mayhugh - Mayhugh Commercial Advisors
This transaction involved key representatives who facilitated the deal. Bruce Micciche from LandQwest Commercial represented the buyer, while Chase Mayhugh from Mayhugh Commercial Advisors acted as the representative for the seller. Their roles were crucial in concluding this real estate transaction.
On the Map
$8,100,000
$71/SF
Retail
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Players
Fort Myers 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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93