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

/

6702 South University Drive...

Herve Barbera Sells Retail Property In Fort Lauderdale For $9.25M
SOLDRetail

Herve Barbera Sells Retail Property In Fort Lauderdale For $9.25M

6702 South University Drive, Fort Lauderdale, FL, USA

$9,250,000

$114/SF

Building Size

80,639 SF

Asset Type

Retail

Closing

Oct 17, 2021

AI

Herve Barbera has sold a retail property located at 6702 N University Dr in Fort Lauderdale. The property spans 80,639 square feet and was sold for a total price of $9,250,000, resulting in a price per square foot of $115.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,250,000
  • Address: 6702 N University Dr, Fort Lauderdale
  • Market: Fort Lauderdale
  • Square Footage: 80,639
  • Price per Square Foot: $115
  • Seller: Herve Barbera

Herve Barbera has successfully sold the retail property located at 6702 N University Dr in Fort Lauderdale. The transaction involved a total sale price of $9,250,000, with the property encompassing an area of 80,639 square feet. This deal highlights Herve Barbera's role as the seller, representing their own interests in the transaction.

Players

Bar Invest Group
Bar Invest GroupSeller

Pembroke Pines 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

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93