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
About this deal
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.
The retail sale at 2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States in Fort Lauderdale, Florida sold for $2.6M in 2022. The building is 3,825 square feet, implying about 666 per square foot on the published price. Named participants on the 2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States sale are Andrew Shader. This page is the Fort Lauderdale, Florida file for the 2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States retail sold: pricing, party profiles, and other closed retail comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale retail set by closing date to see what else sold near 2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States around 2022. Published consideration for 2201 Wilton Drive, Fort Lauderdale, Florida 33305, United States is $2.6M, dated 2022. Cite this Andrew Shader & Corey Shader Acquire Retail Property On Wilton Dr, Fort Lauderdale For $2.55M sale when underwriting similar retail product around Fort Lauderdale, Florida.
On the Map
$2,550,000
$666/SF
Retail
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Fort Lauderdale 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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93