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1817 W Brandon Blvd, Brando...

Brandon Retail Property Sold For $6.2M With Marcus & Millichap's Brokers
SOLDRetail

Brandon Retail Property Sold For $6.2M With Marcus & Millichap's Brokers

1817 W Brandon Blvd, Brandon, FL, USA

$6,200,000

$731/SF

Building Size

8,480 SF

Asset Type

Retail

Closing

Sep 29, 2021

AI

The retail property located at 1817 W Brandon Blvd in Brandon has been sold for $6,200,000. The property spans a total of 1.85 acres and has a building size of 8,480 square feet. The sale price per square foot comes to $731. The transaction took place on September 29, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,200,000
  • Address: 1817 W Brandon Blvd
  • Market: Brandon
  • Acres: 1.85

The sale was facilitated by James Garner, James Medefind, and Jim Shiebler from Marcus & Millichap.

Players

James Garner

Marcus & Millichap

Broker

$102.3M

vol

16 deals

Broker

Brandon 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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93