Anatoly Petukhov Acquires Retail Property In Pembroke Pines For $23M
304 Southwest 145th Avenue
$23,000,000
$783/SF
Building Size
29,350 SF
Asset Type
Retail
Closing
Jan 23, 2023
About this deal
AI
A retail property located at 304 Southwest 145th Avenue in Pembroke Pines has been sold for $23,000,000. Spanning across 29,350 square feet, the property was sold at a price per square foot of $784.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $23,000,000
- Address: 304 Southwest 145th Avenue
- Market: Pembroke Pines
Anatoly Petukhov has acquired the property from Fred Burgess. The deal was facilitated by Avison Young, with Michael Fay, David Duckworth, Brian de la Fe, and John Crotty representing both the buyer and the seller.
On the Map
$23,000,000
$783/SF
Retail
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Players
Pembroke Pines 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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93