RCI Holdings Inc Acquires Store In Hallandale, FL For $7M
2920 Southwest 30th Avenue, Hallandale, Florida 33009, United States
$7,000,000
$335/SF
Building Size
20,893 SF
Asset Type
Retail
Closing
Jan 2, 2022
About this deal
AI
The store located at 2920 Sw 30th Ave in Hallandale, FL has been recently sold. The property spans a total of 20,893 square feet and was sold for a price of $7,000,000.00, resulting in a price per square foot of $335.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $7,000,000.00
- Square Footage: 20,893
- Price per Square Foot: $335
The buyer of the property is Rci Hokdings Inc, while the sellers are Ann M Marino and John R Marino.
The retail sale at 2920 Southwest 30th Avenue, Hallandale, Florida 33009, United States in Hallandale, Florida sold for $7M in 2022. The building is 20,893 square feet, implying about 335 per square foot on the published price. This page is the Hallandale, Florida file for the 2920 Southwest 30th Avenue, Hallandale, Florida 33009, United States retail sold: pricing, party profiles, and other closed retail comps from the same Hallandale sit in the Market section below. Filter that Hallandale retail set by closing date to see what else sold near 2920 Southwest 30th Avenue, Hallandale, Florida 33009, United States around 2022. Published consideration for 2920 Southwest 30th Avenue, Hallandale, Florida 33009, United States is $7M, dated 2022. Cite this RCI Holdings Inc Acquires Store In Hallandale, FL For $7M sale when underwriting similar retail product around Hallandale, Florida.
Players
Hallandale 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93