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7730 W Commercial Blvd, For...

77 Lauderhill Holdings Acquires Retail Property In Fort Lauderdale For $23.5M
SOLDRetail

77 Lauderhill Holdings Acquires Retail Property In Fort Lauderdale For $23.5M

7730 W Commercial Blvd, Fort Lauderdale, FL, USA

$23,547,000

$135/SF

Building Size

174,193 SF

Asset Type

Retail

Closing

Sep 27, 2021

AI

7730 W Commercial Blvd in Fort Lauderdale was recently sold in a retail transaction. The property spans 174,193 square feet and was sold for a total price of $23,547,000, resulting in a price per square foot of $135.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $23,547,000

The buyer of the property is 77 Lauderhill Holdings LLC, while the seller is Doron Valero & Gabriel Navarro.

No additional information about this transaction is available.

Players

Gabriel Navarro

MMG Equity Partners

Broker

$205.5M

vol

12 deals

Broker

Fort Lauderdale 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

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93