Michael Janoura Acquires Retail Property In Fort Lauderdale For $12.38M
8100 West Broward Boulevard, Fort Lauderdale, Florida, USA
$12,380,000
$282/SF
Building Size
43,824 SF
Asset Type
Retail
Closing
Sep 27, 2021
About this deal
AI
The retail property located at 8100-8160 W Broward Blvd in Fort Lauderdale, FL has been sold for a transaction price of $12,380,000. This property spans across 43,824 square feet, resulting in a price per square foot of $282. The buyer of the property is Michael Janoura, while the seller is Nevis Properties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,380,000
- Address: 8100-8160 W Broward Blvd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 43,824
- Price per Square Foot: $282
- Buyer: Michael Janoura
- Seller: Nevis Properties
This transaction marks a successful deal for all parties involved, with Michael Janoura acting as the buyer and Nevis Properties as the seller.
Players
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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93