Randy GreenBerg Acquires Store On Riverland Rd For $2.11M
665 Southwest 27th Avenue, Fort Lauderdale, Florida 33312, United States
$2,110,000
$156/SF
Building Size
13,492 SF
Asset Type
Retail
Closing
Mar 24, 2022
About this deal
AI
Located at 665 Riverland Rd in Fort Lauderdale, FL, this store property has recently been sold. The transaction took place on 03/25/2022, with a sale price of $2,110,000. The property spans 13,492 square feet, resulting in a price per square foot of $156.
Summary of Transaction Details
- Property Type: Store
- Transaction Amount: $2,110,000
- Address: 665 Riverland Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 13,492
Randy Greenberg was the buyer in this transaction, while Gregg Barbagallo acted as the seller. No additional details about the deal participants were provided.
Players
Fort Lauderdale 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
7.52%
Cash-on-Cash
-2.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93