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North University Drive, For...

Todd T Nepola Acquires Store In Fort Lauderdale For $2.275M
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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

Todd Nepola

Current Capital Group

Broker

$149.5M

vol

12 deals

Broker
Todd Nepola

Todd Nepola

Current Capital Group

Buyer

$149.5M

vol

12 deals

Buyer

Fort Lauderdale 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

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93