Dan T Guirl Acquires Retail Property In Pompano Beach For $4.3M
499 North State Road 7th, Pompano Beach, Florida 33063, United States
$4,322,000
$1,549/SF
Building Size
2,789 SF
Asset Type
Retail
Closing
Aug 16, 2022
About this deal
AI
The retail property located at 499 N State Road 7 in Pompano Beach, FL has been sold. The transaction took place on August 17, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,322,000
- Square Footage: 2,789
- Price per Square Foot: $1,549
- Address: 499 N State Road 7, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyer of the property is Dan T Guirl, while the sellers are Jeffrey Persily and Claire Simon.
The retail sale at 499 North State Road 7th, Pompano Beach, Florida 33063, United States in Margate, Florida sold for $4.3M in 2022. The building is 2,789 square feet, implying about 1.5K per square foot on the published price. This page is the Margate, Florida file for the 499 North State Road 7th, Pompano Beach, Florida 33063, United States retail sold: pricing, party profiles, and other closed retail comps from the same Margate sit in the Market section below. Filter that Margate retail set by closing date to see what else sold near 499 North State Road 7th, Pompano Beach, Florida 33063, United States around 2022. Published consideration for 499 North State Road 7th, Pompano Beach, Florida 33063, United States is $4.3M, dated 2022. Cite this Dan T Guirl Acquires Retail Property In Pompano Beach For $4.3M sale when underwriting similar retail product around Margate, Florida.
Players
Margate 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
3.67%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93