Lawrence Aaronson Acquires Property At 15250 S Tamiami Trail Fort Myers For $8.1M
SOLD
$8,100,000
Florida
See Similar DealsRetail113,617 SF
SOLD
Lawrence Aaronson Acquires Property At 15250 S Tamiami Trail Fort Myers For $8.1M
15250 S Tamiami Trail, Fort Myers, FL...
See Similar DealsRetail113,617 SF
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$71
Total Square Footage:113617 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$432,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,777.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,398.13
Annual Debt Service$460,777.59
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