SOLDRetail
Todd T Nepola Acquires Store In Fort Lauderdale For $2.275M
North University Drive, Fort Lauderdale, Florida 33324, United States
$2,275,000
$150/SF
Building Size
15,167 SF
Asset Type
Retail
Closing
Feb 21, 2022
AI
The store located at 4375-4399 N University Dr in Fort Lauderdale, FL has been sold. The property spans 15,167 square feet and was sold for a price of $2,275,000, resulting in a price per square foot of $150.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,275,000
- Address: 4375-4399 N University Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Todd T Nepola
- Seller: Ighal Goldfarb
- Square Footage: 15,167
- Price per Square Foot: $150
Todd T Nepola represented the buyer in this transaction.
Players
Fort Lauderdale 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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93