SOLDRetail
Andrew Shader & Corey Shader Acquire Retail Property On Wilton Dr, Fort Lauderdale For $2.55M
2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States
$2,550,000
$666/SF
Building Size
3,825 SF
Asset Type
Retail
Closing
Oct 5, 2022
AI
The retail property located at 2201 Wilton Dr in Fort Lauderdale, FL has been sold. The property spans 3,825 square feet and has been sold for a price of $2,550,000, resulting in a price per square foot of $666.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,550,000
The buyers of the property are Andrew Shader & Corey Shader, while the seller is Anthony Logrande.
Players
Fort Lauderdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93