Raanan Katz Daniel Katz Acquires Store On Miramar Pkwy In Hollywood, FL For $3.55M
SOLD
Florida
See Similar DealsRetail
Sold 05/02/2022
SOLD
Raanan Katz Daniel Katz Acquires Store On Miramar Pkwy In Hollywood, FL For $3.55M
17195 Miramar Parkway, Miramar, Florida 33027, United States
See Similar DealsRetail
Sold 05/02/2022
Summary
FLORIDA
Asset Type:Retail
Transaction Type:Sale
The property involved in this transaction is a store located at 17195 Miramar Pkwy in Hollywood, FL. It was sold on May 2, 2022.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $3,550,000
- Square Footage: 7,951
- Price Per Square Foot: $446
The buyer of the property is Raanan Katz Daniel Katz, while the seller is Steven C. Voorhees & Bruce L. Tanner.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73
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