facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

6041 Kimberly Blvd, North L...

Keyes Company Acquires Office & Retail Property In North Lauderdale For $6.3M
SOLDRetail

Keyes Company Acquires Office & Retail Property In North Lauderdale For $6.3M

6041 Kimberly Blvd, North Lauderdale, FL 33068, USA

$6,300,000

$11/SF

Building Size

530,000 SF

Asset Type

Retail

Closing

Aug 17, 2020

AI

The office and retail property located at 6041-6047 Kimberly Blvd in North Lauderdale has been sold in a recent transaction. The property spans 53,000 square feet and was sold for a total of $6,300,000, resulting in a price per square foot of $118.

Summary of transaction details

  • Property Type: Office & Retail
  • Transaction Amount: $6,300,000
  • Square Footage: 53,000
  • Price per Square Foot: $118
  • Address: 6041-6047 Kimberly Blvd
  • Market: North Lauderdale

The sale of this property was facilitated by the seller's representatives, Quinn Sousa, Ryan Shaw, and Jose Fernandez from Marcus & Millichap. The buyer's representative in this transaction was Gus Bergamini from The Keyes Company.

For more information, please...

Players

Ryan Shaw

Marcus & Millichap

Broker

$145.7M

vol

22 deals

Broker

North Lauderdale Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93