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
460,660 SF
Asset Type
Retail
Closing
Jun 5, 2022
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.
Players
Plantation 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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93