SOLDRetail
Manny Butera Acquires Retail Property In Tampa For $1.7M
7919 Gunn Highway, Tampa, Florida 33625, United States
$1,725,000
$444/SF
Building Size
3,877 SF
Asset Type
Retail
Closing
May 2, 2022
AI
A retail property located at 7919 Gunn Hwy in Tampa has been sold for $1,725,000. The property spans 3,877 square feet, resulting in a price per square foot of $445.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,725,000
- Square Footage: 3,877
- Address: 7919 Gunn Hwy, Tampa
Manny Butera is the buyer of the property, while Michael Press is the seller. The deal was facilitated by Michael Florey from Cushman & Wakefield.
Players
Tampa Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93