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35098 US Highway 19 N Palm ...

Marcus & Millichap Facilitates $2.5M Sale Of Retail Property In Palm Harbor
SOLDRetail

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

Barry Wolfe

Marcus & Millichap

Broker

$118.5M

vol

16 deals

Broker

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