CF Properties Corp Sells Retail Property On Sunray Drive In Holiday For $9.7M With GLT Group Brokerage
4637 Sunray Dr, Holiday, FL 34690, USA
$9,700,000
$14/SF
Building Size
671,470 SF
Asset Type
Retail
Closing
Jan 9, 2020
About this deal
AI
The retail property located at 4637-4701 Sunray Drive in Holiday has been sold. The transaction took place on January 10, 2020, and the property was purchased for a total price of $9,700,000. The property has a total area of 67,147 square feet, resulting in a price per square foot of $144. The seller of the property was CF Properties Corp. The deal was facilitated by GLT Group Brokerage.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,700,000
- Address: 4637-4701 Sunray Drive
- Market: Holiday
- Square Footage: 67,147
- Price Per Square Foot: $144
The sale of this retail property was handled by GLT Group Brokerage, representing CF Properties Corp. The deal showcases the successful collaboration between the buyer and the seller, demonstrating the expertise and professionalism of the involved parties.
On the Map
$9,700,000
$14/SF
Retail
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Players
Holiday 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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93