HLOM LLC Acquires Retail Building In Hollywood For $6.75M With Seller's Rep Peter Dacko
4150 N 28th Terrace, Hollywood, FL, 3...
$6,750,000
$204/SF
Building Size
33,000 SF
Asset Type
Retail
Closing
Nov 22, 2023
About this deal
AI
The Scan Design Building located at 4150 N. 28th Terrace in Hollywood, FL, was sold for $6,750,000.00. The property spans 33,000 square feet on 1.5 acres and was acquired by HLOM LLC on an all-cash basis. The sale was facilitated by Peter Dacko, representing the seller, M H Berkson Associates LTD.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,750,000.00
- Asset Type: Retail
- Seller's Rep: Peter Dacko()
- Buyer: HLOM LLC
- Address: 4150 N 28th Terrace, Hollywood, FL
- Market: Hollywood
- SF: 33,000
Media Realty and Advisors, Inc. Broker/Owner Peter Dacko played a crucial role in the transaction, acting as the seller's representative. The property, originally serving as a retail showroom with 9-to-14-foot clear ceiling heights, garnered significant interest from buyers, entering escrow within four weeks of being listed. The landmark location of the property offers exceptional visibility to I-95, with daily high traffic counts, making it a sought-after asset in Hollywood's South Florida Industrial Park.
Players
Hollywood 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
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93