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6001 North University Drive...

Wendy Sheldon Acquires Retail Property In Tamarac For $3.25M
SOLDRetail

Wendy Sheldon Acquires Retail Property In Tamarac For $3.25M

6001 North University Drive, Tamarac, Florida 33322, United States

$3,250,000

$658/SF

Building Size

4,936 SF

Asset Type

Retail

Closing

May 9, 2022

AI

The retail property located at 6001 N University Dr in Tamarac has been sold in a closed transaction. The transaction took place on 05/10/2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,250,000
  • Address: 6001 N University Dr, Tamarac
  • Market: Tamarac

The buyer of the property is Wendy Sheldon, while Joseph Cohen is the seller. The transaction was facilitated by Dylan Morse and Howard Bregman from the Marcus & Millichap agency, who represented the respective parties involved.

The property spans a total area of 4,936 square feet, resulting in a price per square foot of $658. The asking price for the property was $3,300,000.

Players

Howard Bregman

Marcus & Millichap

Broker

$48.9M

vol

6 deals

Broker

Joseph Cohen

Seller

$23.3M

vol

8 deals

Seller

Tamarac 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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93