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Tom Hahn Of Prudent Growth Partners LLC Acquires Retail Property In Gainesville For $5.2M
SOLD
$5,200,000
Florida
See Similar DealsRetail24,025 SF
Sold 03/25/2025
SOLD
Tom Hahn Of Prudent Growth Partners LLC Acquires Retail Property In Gainesville For $5.2M
4110 Southwest 34th Street
See Similar DealsRetail24,025 SF
Sold 03/25/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$216
Total Square Footage:24,025 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 4110 Southwest 34th Street in Gainesville. The transaction was completed for a price of $5,200,000.00, encompassing a total square footage of 24,025.0.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $5,200,000.00
- Address: 4110 Southwest 34th Street
- Market: Gainesville
- Square Footage: 24,025.0
- Buyer: Tom Hahn - Prudent Growth Partners LLC
- Sale Date: 03/25/2025
The transaction was facilitated by Tom Hahn, representing Prudent Growth Partners LLC, who acted as the buyer in this deal, indicating a strategic investment within the retail market in Gainesville.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$277,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83
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