SOLDRetail
Christopher Jallo & John Jallo Mgr Acquire Retail Property In Tampa For $3.5M
236 N Dale Mabry Hwy, Tampa, FL, USA
$3,500,000
$348/SF
Building Size
10,042 SF
Asset Type
Retail
Closing
Mar 21, 2021
AI
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.
Players
Tampa 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93