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
About this deal
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.
On the Map
$2,575,000
$173/SF
Retail
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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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93