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17195 Miramar Parkway, Mira...

Updated Dec 19, 2023

Bilt advertisement
Raanan Katz Daniel Katz Acquires Store On Miramar Pkwy In Hollywood, FL For $3.55M
SOLDRetail

Raanan Katz Daniel Katz Acquires Store On Miramar Pkwy In Hollywood, FL For $3.55M

17195 Miramar Parkway, Miramar, Florida 33027, United States

$3,550,000

Building Size

Asset Type

Retail

Closing

May 1, 2022

About this deal

AI

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.

The retail sale at 17195 Miramar Parkway, Miramar, Florida 33027, United States in Miramar, Florida sold for $3.6M in 2022. 17195 Miramar Parkway, Miramar, Florida 33027, United States is classified as Retail on Traded. Named participants on the 17195 Miramar Parkway, Miramar, Florida 33027, United States sale are Raanan Katz, Steven C. Voorhees, Bruce L. Tanner, Daniel Katz. This page is the Miramar, Florida file for the 17195 Miramar Parkway, Miramar, Florida 33027, United States retail sold: pricing, party profiles, and other closed retail comps from the same Miramar sit in the Market section below. Filter that Miramar retail set by closing date to see what else sold near 17195 Miramar Parkway, Miramar, Florida 33027, United States around 2022. Published consideration for 17195 Miramar Parkway, Miramar, Florida 33027, United States is $3.6M, dated 2022. Cite this Raanan Katz Daniel Katz Acquires Store On Miramar Pkwy In Hollywood, FL For $3.55M sale when underwriting similar retail product around Miramar, Florida.

Players

Daniel Katz

KPR Centers

Broker

$809.1M

vol

10 deals

Broker
Daniel Katz

Daniel Katz

KPR Centers

Buyer

$809.1M

vol

10 deals

Buyer

Steven C. Voorhees

Seller

$14M

vol

4 deals

Seller

Miramar 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

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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