Alfredo Patrone Acquires Retail Property In Fort Lauderdale MSA For $5.38M With Brokers Alejandro Snyder & Michael B. Williams
SOLD
$5,383,000
Florida
See Similar DealsRetail14,478 SF
Sold 01/06/2026
SOLD
Alfredo Patrone Acquires Retail Property In Fort Lauderdale MSA For $5.38M With Brokers Alejandro Snyder & Michael B. Williams
4529 West Hillsboro Boulevard
See Similar DealsRetail14,478 SF
Sold 01/06/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$371
Total Square Footage:14,478 SF
Transaction Type:Sale
The retail property located at 4529 West Hillsboro Boulevard in the Fort Lauderdale MSA has been sold for $5,383,000. The asset spans 14,478 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,383,000
- Address: 4529 West Hillsboro Boulevard
- Market: Fort Lauderdale MSA
- Square Footage: 14,478
- Price Per Square Foot: $371
- Buyer: Alfredo Patrone
- Brokers: Alejandro Snyder & Michael B. Williams - Current Real Estate Advisors
The transaction involved Alfredo Patrone as the buyer, with Alejandro Snyder and Michael B. Williams representing the deal as brokers affiliated with Current Real Estate Advisors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$287,093.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,124.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,518.17
Annual Debt Service$306,218.00
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