Thomas H. Malouf Acquires Retail Property In Tampa For $3M
8602 N Dale Mabry Hwy, Tampa, FL, USA
$3,000,000
$540/SF
Building Size
5,556 SF
Asset Type
Retail
Closing
Sep 26, 2021
About this deal
AI
The retail property located at 8602 N Dale Mabry Hwy in Tampa has been sold for a price of $3,000,000. The property spans an area of 5,556 square feet, resulting in a price per square foot of $540.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 8602 N Dale Mabry Hwy, Tampa
- Market: Tampa
The buyer of the property is Thomas H. Malouf, while the seller is Thayne W. Swenson III.
The retail sale at 8602 N Dale Mabry Hwy, Tampa, FL, USA in Tampa, Florida sold for $3M in 2021. The building is 5,556 square feet, implying about 540 per square foot on the published price. This page is the Tampa, Florida file for the 8602 N Dale Mabry Hwy, Tampa, FL, USA 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 8602 N Dale Mabry Hwy, Tampa, FL, USA around 2021. Published consideration for 8602 N Dale Mabry Hwy, Tampa, FL, USA is $3M, dated 2021. Cite this Thomas H. Malouf Acquires Retail Property In Tampa For $3M sale when underwriting similar retail product around Tampa, Florida.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93