Shaked Properties LLC Acquires Retail Property In Fort Myers Beach For $18.6M
7205 Estero Boulevard, Fort Myers Beach, Florida 33931, United States
$18,600,000
$4,894/SF
Building Size
3,800 SF
Asset Type
Retail
Closing
Jan 30, 2022
About this deal
AI
Yariv Shaked has sold a retail property located at 7205 Estero Blvd in Fort Myers Beach. The transaction took place on January 31, 2022, and the sale price for the property was $18,600,000. The property is owned by Shaked Properties LLC, with Yariv Shaked representing the buyer in the deal.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,600,000
- Address: 7205 Estero Blvd
- Market: Fort Myers Beach
Yariv Shaked, representing Shaked Properties LLC, played a key role in this transaction.
Players
Fort Myers Beach 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
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93