Laith Hermiz Acquires Retail Property In Hollywood For $5.1M
2147 Pembroke Rd, Hollywood, FL, USA
$5,075,000
$257/SF
Building Size
19,692 SF
Asset Type
Retail
Closing
Jun 1, 2021
AI
Located at 2147 Pembroke Rd in Hollywood, this retail property was recently involved in a closed transaction. The property spans a total area of 19,692 square feet, with a per square foot price (PPSF) of $258. The sale took place on 06/02/2021 and the property was sold for a total price of $5,075,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,075,000
- SF: 19,692
- PPSF: $258
Laith Hermiz represented the buyer, while Brian Cohen acted as the seller in this transaction. Their respective agencies were not provided.
Players
Hollywood 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
3.13%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93