Manny Butera Acquires Retail Property In Tampa For $1.7M
SOLD
$1,725,000
Florida
See Similar DealsRetail3,877 SF
Sold
SOLD
Manny Butera Acquires Retail Property In Tampa For $1.7M
7919 Gunn Highway, Tampa, Florida 33625, United States
See Similar DealsRetail3,877 SF
Sold
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$444
Total Square Footage:3877 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$91,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,128.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,177.38
Annual Debt Service$98,128.56
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