Alex Leiter & Robert Rodriguez Acquire Retail Property In Hallandale For $2.6M
300 West Hallandale Beach Boulevard, Hallandale Beach, Florida 33023, United States
$2,575,000
$173/SF
Building Size
14,808 SF
Asset Type
Retail
Closing
Jan 26, 2022
AI
A retail property located at 300 Hallandale Blvd. in Hallandale has been sold for a total price of $2,575,000. The property spans 14,808 square feet, resulting in a price per square foot of $174. The sale took place on January 27, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,575,000
- Address: 300 Hallandale Blvd.
- Market: Hallandale
- Square Footage: 14,808
- Price per Square Foot: $174
The buyer of the property is Alex Leiter & Robert Rodriguez, while the sellers are Scott Milgram & Michelle Robinson. The transaction was facilitated by Miguel Pinto of Apex Capital Realty, who represented both the buyer and the seller in the deal.
Players
Hallandale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93