Charles Ladd's Barron Real Estate Acquires Retail Property In Plantation For $38.4M
7023 West Broward Boulevard, Plantation, Florida 33312, United States
$38,400,000
$166/SF
Building Size
230,330 SF
Asset Type
Retail
Closing
Jun 5, 2022
AI
Located at 7023 W Broward Blvd in Plantation, this retail property was recently sold in a closed transaction. The property spans a total area of 230,330 square feet and was sold at a price of $38,400,000, resulting in a per square foot price of $167. The transaction took place on June 6, 2022. Claudio Mekler, the seller, represented Miami Manager, while Charles Ladd of Barron Real Estate acted as the buyer's representative.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $38,400,000
- Address: 7023 W Broward Blvd, Plantation
- Market: Plantation
- Square Footage: 230,330
- Price per Square Foot: $167
The buyer in this transaction was Charles Ladd, representing Barron Real Estate. On the other hand, Claudio Mekler served as the seller and was represented by Miami Manager. These key individuals and companies played crucial roles in the successful completion of this retail property sale.
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