Tire Kingdom Acquires Retail Property In Tampa For $1.2M With Brokers Gabriel Britti & Ronnie Issenberg
7602 W Hillsborough Ave, Tampa, FL 33615, USA
$1,200,000
$203/SF
Building Size
5,904 SF
Asset Type
Retail
Closing
Jun 8, 2020
About this deal
AI
A retail property located at 7602 West Hillsborough Ave in Tampa has been sold for $1,200,000. The property spans 5,904 square feet, resulting in a price per square foot of $203.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
Tire Kingdom has acquired the property. The deal was facilitated by Gabriel Britti and Ronnie Issenberg from Marcus & Millichap.
The retail sale at 7602 W Hillsborough Ave, Tampa, FL 33615, USA in Tampa, Florida sold for $1.2M in 2020. The building is 5,904 square feet, implying about 203 per square foot on the published price. Ronnie Issenberg, Gabriel Britti, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Tampa, Florida file for the 7602 W Hillsborough Ave, Tampa, FL 33615, USA retail sold: pricing, party profiles, and other closed retail comps from the same Tampa sit in the Market section below. Filter that Tampa retail set by closing date to see what else sold near 7602 W Hillsborough Ave, Tampa, FL 33615, USA around 2020. Published consideration for 7602 W Hillsborough Ave, Tampa, FL 33615, USA is $1.2M, dated 2020. Cite this Tire Kingdom Acquires Retail Property In Tampa For $1.2M With Brokers Gabriel Britti & Ronnie Issenberg sale when underwriting similar retail product around Tampa, Florida.
Players
Tampa 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93