Michael Natarus Acquires Retail Property In Hollywood, FL For $3.4M
7100 Pembroke Road, Hollywood, Florida 33023, United States
$3,400,000
$352/SF
Building Size
9,660 SF
Asset Type
Retail
Closing
Aug 23, 2022
About this deal
AI
The property involved in this closed transaction is a retail asset located at 7100-7116 Pembroke Rd in Hollywood, FL. The property spans 9,660 square feet and was sold for a price of $3,400,000, resulting in a price per square foot of $351.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Square Footage: 9,660
- Address: 7100-7116 Pembroke Rd, Hollywood, FL
The buyer of this property is Michael Natarus, while the sellers are Amir Hussain and Zainab Sachwani.
The retail sale at 7100 Pembroke Road, Hollywood, Florida 33023, United States in Hollywood, Florida sold for $3.4M in 2022. The building is 9,660 square feet, implying about 352 per square foot on the published price. This page is the Hollywood, Florida file for the 7100 Pembroke Road, Hollywood, Florida 33023, United States retail sold: pricing, party profiles, and other closed retail comps from the same Hollywood sit in the Market section below. Filter that Hollywood retail set by closing date to see what else sold near 7100 Pembroke Road, Hollywood, Florida 33023, United States around 2022. Published consideration for 7100 Pembroke Road, Hollywood, Florida 33023, United States is $3.4M, dated 2022. Cite this Michael Natarus Acquires Retail Property In Hollywood, FL For $3.4M sale when underwriting similar retail product around Hollywood, Florida.
Players
Hollywood 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93