Natacha Munilla Acquires Retail Property In Brandon For $2.72M
SOLD
$2,720,000
Florida
See Similar DealsRetail2,043 SF
Sold 12/22/2023
SOLD
Natacha Munilla Acquires Retail Property In Brandon For $2.72M
1901 West Brandon Boulevard
See Similar DealsRetail2,043 SF
Sold 12/22/2023
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,331
Total Square Footage:2,043 SF
Transaction Type:Sale
The retail property located at 1901 West Brandon Boulevard in Brandon has been sold in a transaction. The property spans 2,043 square feet and was sold for a price of $2,720,000, resulting in a price per square foot of $1,331.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,720,000
- Address: 1901 West Brandon Boulevard
- Market: Brandon
The buyer of the property is Natacha Munilla, while the seller is Darrin Schutt. The deal was facilitated by Eduardo Toledo, Jonathan De LaRosa, and James Medefind from Marcus & Millichap, who represented the parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$145,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,663.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,894.19
Annual Debt Service$154,730.25
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