Quantum Real Estate Advisors Inc Sells Retail Property In Naples For $6.1M
SOLD
$6,100,000
Florida
See Similar DealsRetail43,124 SF
Sold 06/28/2020
SOLD
Quantum Real Estate Advisors Inc Sells Retail Property In Naples For $6.1M
4724 Golden Gate Parkway, Naples, FL 34116, USA
See Similar DealsRetail43,124 SF
Sold 06/28/2020
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$141
Total Square Footage:43,124 SF
Transaction Type:Sale
Located at 4704 Golden Gate Parkway in Naples, this retail property was recently sold in a closed transaction. The sale was facilitated by Dan Waszak and Zack Hilgendorf from Quantum Real Estate Advisors Inc. The property is situated in the Naples market, offering great potential for retail businesses.
Summary of Transaction Details:
- Property Type: Retail
- Sale Price: $6,100,000
- Date: 06/28/2021
- Image: Zack Hilgendorf & Dan Waszak
Dan Waszak and Zack Hilgendorf, representing Quantum Real Estate Advisors Inc, played instrumental roles in the successful completion of this retail property transaction. Their expertise and negotiation skills helped secure the sale of this valuable asset.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$325,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,672.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,917.11
Annual Debt Service$347,005.34
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