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28652 Wesley Chapel Bouleva...

Retail Property In Wesley Chapel, FL Sold For $5.65M
SOLDRetail

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

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

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.

Players

Ben Snyder

Matthews

Broker

$118.1M

vol

11 deals

Broker

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