John Disalvatore Acquires Store On E Sunrise Blvd In Fort Lauderdale For $2.85M
1740 Sunrise Boulevard, Fort Lauderdale, Florida 33304, United States
$2,850,000
$401/SF
Building Size
7,103 SF
Asset Type
Retail
Closing
May 12, 2022
About this deal
AI
The store located at 1740 E Sunrise Blvd in Fort Lauderdale, FL has been sold in a transaction that closed on May 13, 2022. The property spans 7,103 square feet and was sold for a price of $2,850,000, resulting in a price per square foot of $401.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,850,000
- Square Footage: 7,103
- Address: 1740 E Sunrise Blvd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer in this transaction is John Disalvatore, while the seller is Charles W. Wagner.
Players
Fort Lauderdale 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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93