SOLDRetail
Barron Real Estate Acquires Retail Property In Plantation For $7.4M
7001 West Broward Boulevard, Plantation, Florida 33317, United States
$7,375,000
$567/SF
Building Size
13,000 SF
Asset Type
Retail
Closing
Aug 7, 2022
AI
Located at 7001 West Broward Boulevard in Plantation, this retail property spans across 5 acres. The transaction took place on 08/08/2022.
Summary of Transaction Details:
- Property Type: Retail
- Address: 7001 West Broward Boulevard, Plantation
- Market: Plantation
- Size: 5 acres
- Transaction Date: 08/08/2022
- Buyer: Barron Real Estate
- Seller: 7001 Plantation 2009, LP
- Buyer's Representative: Don Ginsburg - Katalyst Real Estate
- Seller's Representative: Brandon Woulfe - SRS Real Estate Partners
- Sale Price: $7,375,000
- Square Footage: 13,000
- Price per Square Foot: $567
The buyer was represented by Don Ginsburg from Katalyst Real Estate, while the seller was represented by Brandon Woulfe from SRS Real Estate Partners.
Players
Plantation 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
2.15%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93