Christopher Jallo & John Jallo Mgr Acquire Retail Property In Tampa For $3.5M
SOLD
$3,500,000
Florida
See Similar DealsRetail10,042 SF
Sold 03/22/2021
SOLD
Christopher Jallo & John Jallo Mgr Acquire Retail Property In Tampa For $3.5M
236 N Dale Mabry Hwy, Tampa, FL, USA
See Similar DealsRetail10,042 SF
Sold 03/22/2021
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$348
Total Square Footage:10,042 SF
Transaction Type:Sale
The retail property located at 236 N Dale Mabry Hwy in Tampa has been sold for $3,500,000. The property spans 10,042 square feet, resulting in a price per square foot of $349.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,500,000
- Square Footage: 10,042
- Price per Square Foot: $349
- Address: 236 N Dale Mabry Hwy, Tampa
The buyers of the property are Christopher Jallo and John Jallo Mgr, while the sellers are Jeffrey Seaman and Jamie Sheer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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