Lena Halikias Purchases Retail Property From Ken Israel In Tampa For $3.3M
4301 Hillsborough Avenue
$3,300,000
$816/SF
Building Size
4,040 SF
Asset Type
Retail
Closing
Apr 30, 2025
AI
The property asset involved in this transaction is a retail space located at 4301 Hillsborough Avenue in the Tampa market. The sale price for this asset was $3,300,000, with a total square footage of 4,040, resulting in a price per square foot of $816.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 4301 Hillsborough Avenue
- Market: Tampa
- Square Footage: 4,040
- Price Per Square Foot: $816
- Buyer: Lena Halikias
- Seller: Ken Israel
- Brokers: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
The transaction was facilitated by the brokerage team of Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves representing Marcus & Millichap. Their involvement was key in connecting the buyer, Lena Halikias, and the seller, Ken Israel, completing the retail property sale.
Players
Tampa Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93