Ken Israel Acquires Retail Property In Sunrise For $4.5M
7795 West Oakland Park Boulevard
$4,500,000
$1,543/SF
Building Size
2,915 SF
Asset Type
Retail
Closing
Dec 21, 2023
About this deal
AI
The retail property located at 7795 West Oakland Park Boulevard in Sunrise has been sold for a price of $4,500,000. The property spans across 2,915 square feet, resulting in a price per square foot of $1,544. The transaction took place on December 21, 2023, and involved the following parties:
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 7795 West Oakland Park Boulevard, Sunrise
- Market: Sunrise
- Buyer: Ken Israel
- Seller: Helen Freidus
- Brokers: Douglas Mandel, Zach Levine, and Josh Gilbert - Marcus & Millichap
Douglas Mandel, Zach Levine, and Josh Gilbert from Marcus & Millichap acted as the brokers in the deal. The involvement of these individuals contributed to the successful completion of the transaction.
On the Map
$4,500,000
$1,543/SF
Retail
View full map
Players
Sunrise Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Zach Levine to view all their deals.
Browse Sunrise retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93