Barron Real Estate Inc. Acquires Retail Property In Plantation For $38.4M
7007 West Broward Boulevard & 7007 West Broward Boulevard, Plantation, Florida 33317, United States
$38,400,000
$83/SF
Building Size
230,330 SF
Asset Type
Retail
Closing
Jun 5, 2022
About this deal
AI
A retail property located at 7007 W Broward Blvd in Plantation was sold for a total amount of $38,400,000. The property spans 230,330 square feet, resulting in a price per square foot of $167.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $38,400,000
- Address: 7007 W Broward Blvd, Plantation
- Market: Plantation
The buyer of the property was Barron Real Estate Inc., represented by Charles Ladd from the same agency. The seller was Miami Manager.
The retail sale at 7007 West Broward Boulevard in Plantation, Florida sold for $38.4M in 2022. The building is 460,660 square feet, implying about 83 per square foot on the published price. Michael Lewin, Don Ginsburg, Charles Ladd, Manager appear on the sale alongside Katalyst Real Estate & Development. This page is the Plantation, Florida file for the 7007 West Broward Boulevard retail sold: pricing, party profiles, and other closed retail comps from the same Plantation sit in the Market section below. Filter that Plantation retail set by closing date to see what else sold near 7007 West Broward Boulevard around 2022. Published consideration for 7007 West Broward Boulevard is $38.4M, dated 2022. Cite this Barron Real Estate Inc. Acquires Retail Property In Plantation For $38.4M sale when underwriting similar retail product around Plantation, Florida.
On the Map
$38,400,000
$83/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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93