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
About this deal
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.
On the Map
$7,375,000
$567/SF
Retail
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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