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
About this deal
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.
The retail sale at 7919 Gunn Highway, Tampa, Florida 33625, United States in Tampa, Florida sold for $1.7M in 2022. The building is 3,877 square feet, implying about 444 per square foot on the published price. Michael Florey, Manny Butera, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Tampa, Florida file for the 7919 Gunn Highway, Tampa, Florida 33625, United States 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 7919 Gunn Highway, Tampa, Florida 33625, United States around 2022. Published consideration for 7919 Gunn Highway, Tampa, Florida 33625, United States is $1.7M, dated 2022. Cite this Manny Butera Acquires Retail Property In Tampa For $1.7M sale when underwriting similar retail product around Tampa, Florida.
On the Map
$1,725,000
$444/SF
Retail
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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
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93