Retail Property In Wesley Chapel, FL Sold For $5.65M
28652 Wesley Chapel Boulevard, Wesley Chapel, Florida 33559, United States
$5,650,000
$737/SF
Building Size
7,665 SF
Asset Type
Retail
Closing
Sep 7, 2022
About this deal
AI
A retail property located at 28652 Wesley Chapel Blvd in Wesley Chapel, FL has been sold for a price of $5,650,000. The property spans across 7,665 square feet, resulting in a price per square foot of $737.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,650,000
- Address: 28652 Wesley Chapel Blvd
- Market: Wesley Chapel, FL
- Seller: Ravi Ainpudi
- Brokers: Rob Goldberg & Ben Snyder - Matthews Real Estate Investment Services
The seller in this transaction is Ravi Ainpudi.The deal was facilitated by brokers Rob Goldberg and Ben Snyder from Matthews Real Estate Investment Services.
On the Map
$5,650,000
$737/SF
Retail
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Players
Wesley Chapel 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
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93