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29345 Southwest 152nd Court

Shea Schneider Acquires Homestead Retail Property For $3.45M
SOLDRetail

Shea Schneider Acquires Homestead Retail Property For $3.45M

29345 Southwest 152nd Court

$3,450,000

$184/SF

Building Size

18,691 SF

Asset Type

Retail

Closing

Dec 8, 2023

AI

Located at 29345 Southwest 152nd Court in Homestead, this retail property has been sold in a recent transaction. The property spans over 18,691 square feet and was sold for a price of $3,450,000, resulting in a price per square foot of $185. The transaction took place on 12/08/2023.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,450,000
  • Address: 29345 Southwest 152nd Court, Homestead
  • Market: Homestead
  • Square Footage: 18,691
  • Buyer: Shea Schneider
  • Seller: Armando Ruiz
  • Broker: Brandon Dagnesses - Dags Group & Associates

Shea Schneider acted as the buyer in this transaction, while Armando Ruiz served as the seller. The deal was facilitated by Brandon Dagnesses of Dags Group & Associates, representing both parties in the transaction.

Players

Brandon Dagnesses

Dags Group & Associates

Broker

$23.6M

vol

10 deals

Broker

Homestead 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

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93