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1901 West Brandon Boulevard

Natacha Munilla Acquires Retail Property In Brandon For $2.72M
SOLDRetail

Natacha Munilla Acquires Retail Property In Brandon For $2.72M

1901 West Brandon Boulevard

$2,720,000

$1,331/SF

Building Size

2,043 SF

Asset Type

Retail

Closing

Dec 22, 2023

AI

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.

Players

James Medefind

Marcus & Millichap

Broker

$134.2M

vol

21 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

5.83%

Cash-on-Cash

-1.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93