Alliant Partners LLC Sells Retail Property In Tampa For $3.8M
4418 West Gandy Boulevard, Tampa, Florida 33611, United States
$3,800,000
$1,900,000/SF
Building Size
2 SF
Asset Type
Retail
Closing
Dec 15, 2022
About this deal
AI
Alliant Partners LLC has sold a retail property located at 4418 W Gandy Blvd in Tampa. The property spans approximately 2,500 square feet and was sold for a price of $3,800,000, resulting in a price per square foot of $1,520.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,800,000
- Date: 12/15/2022
- Address: 4418 W Gandy Blvd, Tampa
- Market: Tampa
The sale of this retail property was facilitated by the National Net Lease Group of SRS Real Estate Partners. The team of brokers involved in the transaction were Patrick Nutt, William Wamble, and Daniel Becker.
Players
Tampa 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93