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2852 Oakland LLC Acquires Retail Property From Marquisee 2024 LLC For $1.05M In Oakland Park
SOLD
Florida
See Similar DealsRetail3,007 SF
Sold 05/20/2025
SOLD
2852 Oakland LLC Acquires Retail Property From Marquisee 2024 LLC For $1.05M In Oakland Park
2852 East Oakland Park Boulevard
See Similar DealsRetail3,007 SF
Sold 05/20/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$349
Total Square Footage:3,007 SF
Transaction Type:Sale
A 3,007 SF retail property located at 2852 East Oakland Park Boulevard in Oakland Park has been sold for $1,050,000. The asset spans 0.17 acres and was transacted at a price per square foot of $349.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,050,000
- Sale Date: 05/20/2025
- Buyer: 2852 Oakland LLC
- Seller: Marquisee 2024 LLC
- Brokers: Dan Ross & Jaime Sturgis - Native Realty
The deal was facilitated by Jaime Sturgis representing the buyer, 2852 Oakland LLC, and Dan Ross representing the seller, Marquisee 2024 LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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