Tyler S. Kuhlman & Douglas K. Mandel Of Marcus & Millichap Represent Todd Nepola In $23.97M Retail Sale In Lauderdale Lakes, Florida
4485 State Road 7
$23,975,000
$159/SF
Building Size
150,765 SF
Asset Type
Retail
Closing
Dec 16, 2022
About this deal
AI
Lauderdale Lakes retail property located at 4101-4397 N State Road 7 & 4455-4485 N State Road 7 has been sold for a total of $23,975,000. The property spans a total of 150,765 square feet, resulting in a price per square foot of $159.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $23,975,000
- Square Feet: 150,765
- Price per Square Foot: $159
- Address: 4101-4397 N State Road 7 & 4455-4485 N State Road 7, Lauderdale Lakes
The buyer of the property is Todd Nepola, while the seller is Jodi Korn. The transaction was facilitated by Tyler S. Kuhlman and Douglas K. Mandel from Marcus & Millichap.
On the Map
$23,975,000
$159/SF
Retail
View full map
Players
North Vernon Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Todd Nepola to view all their deals.
Browse North Vernon retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93