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

Property Image
SOLD
$2,525,000
Blake Leischow
Ryan Wolf
Vincent Knipp
+ 1

Florida

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Retail25,700 SF
Sold 03/23/2022
the dealplayerscompscontact
Property Image
SOLD

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

35098 US Highway 19 N Palm Harbor, FL 34684

See Similar Deals
Retail25,700 SF
Sold 03/23/2022
Blake Leischow
Ryan Wolf
Vincent Knipp
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$98
Total Square Footage:25,700 SF
Transaction Type:Sale

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
Barry Wolfe
16 deals$118.5M volume(954) 245-3400
BROKER
Vincent Knipp
Marcus & Millichap
Vincent Knipp
11 deals$2.5M volume
BROKER
Ryan Wolf
Marcus & Millichap
Ryan Wolf
4 deals$2.5M volume
BROKER
Blake Leischow
Marcus & Millichap
Blake Leischow
1 deal$2.5M volume
BROKER

Details

SOLD
IMAGE: Blake Leischow, Vincent Knipp, Barry M. Wolfe & Ryan Wolf DATE: 03/23/2022 ADDRESS: 35098 US Hwy 19 N MARKET: Palm Harbor ASSET TYPE: Retail BROKERS: Barry M. Wolfe, Blake Leischow, Ryan Wolf & Vincent Knipp - Marcus & Millichap SALE PRICE: $2,525,000 SF: 25,700 ~ PPSF: $98

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$8,970.80
Cash-on-Cash Return-1.27%
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