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Rocio De Ojeda And Job De Ojeda Acquire Retail Property In Cooper City For $18.5M

Property Image
SOLD
$18,500,000

Florida

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Retail60,340 SF
Sold 07/11/2024
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Property Image
SOLD

Rocio De Ojeda And Job De Ojeda Acquire Retail Property In Cooper City For $18.5M

Retail60,340 SF
Sold 07/11/2024
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$306
Total Square Footage:60,340 SF
Transaction Type:Sale

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

Greg Matus
39 deals$386.5M volume
BROKER

Dan Dratch
Franklin Street
48 deals$267.8M volume
BROKER

Justin Walker
Franklin Street
12 deals$72.8M volume(954) 640-1100
BROKER

Details

SOLD
IMAGE: Dan Dratch, Cary Goldberg, Justin Walker, Alan Goldberg & Greg Matus DATE: 07/11/2024 ADDRESS: 3500-3900 North University Drive MARKET: Cooper City ASSET TYPE: Retail BUYER: Rocio De Ojeda & Job De Ojeda SELLER: Cary & Alan Goldberg BROKERS: Justin Walker, Greg Matus (@GMatus24) & Dan Dratch (@Big_Smoothie_) - Franklin Street (@FranklinStreet.CRE) SALE PRICE: $18,500,000 SF: 30,170 ~ PPSF: $613

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$986,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$65,726.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,699.44
Annual Debt Service$1,052,393.26