Marcus & Millichap Facilitates $2.5M Sale Of Retail Property In Palm Harbor
35098 US Highway 19 N Palm Harbor, FL 34684
$2,525,000
$98/SF
Building Size
25,700 SF
Asset Type
Retail
Closing
Mar 22, 2022
AI
35098 US Hwy 19 N in Palm Harbor was recently sold in a retail transaction. The property spans 25,700 square feet, and the sale price was $2,525,000, which translates to a price per square foot of $98.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,525,000
- Address: 35098 US Hwy 19 N, Palm Harbor
- Market: Palm Harbor
The sale was facilitated by the brokers Barry M. Wolfe, Blake Leischow, Ryan Wolf, and Vincent Knipp from Marcus & Millichap.
Note: No additional information is available regarding this transaction.
Players
Miami 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
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93