Rocio De Ojeda And Job De Ojeda Acquire Retail Property In Cooper City For $18.5M
$18,500,000
$306/SF
Building Size
60,340 SF
Asset Type
Retail
Closing
Jul 11, 2024
About this deal
AI
The property asset involved in this transaction is a retail space located at 3500-3900 North University Drive in the Cooper City market. This asset was sold for a price of $18,500,000, featuring a total square footage of 30,170, which translates to a price per square foot of $613.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,500,000
- Square Footage: 30,170
- Price per Square Foot: $613
- Buyer: Rocio De Ojeda & Job De Ojeda
- Seller: Cary & Alan Goldberg
- Brokers: Justin Walker, Greg Matus & Dan Dratch - Franklin Street
- Date of Transaction: 07/11/2024
The transaction involved significant parties including buyers Rocio De Ojeda and Job De Ojeda, along with sellers Cary and Alan Goldberg. The brokers facilitating this deal from Franklin Street were Justin Walker, Greg Matus, and Dan Dratch, representing the interests of the buyers and sellers.
Players
Market 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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93