Lena Halikias Purchases Retail Property From Ken Israel In Tampa For $3.3M
SOLD
$3,300,000
+ 1
Florida
See Similar DealsRetail4,040 SF
Sold 05/01/2025
SOLD
Lena Halikias Purchases Retail Property From Ken Israel In Tampa For $3.3M
4301 Hillsborough Avenue
See Similar DealsRetail4,040 SF
Sold 05/01/2025
+ 1
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$816
Total Square Footage:4,040 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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