facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

8625 Stirling Road, Cooper ...

Updated Oct 28, 2024

IMC Equity Group Acquires Retail Property In Cooper City For $3.4M
SOLDRetail

IMC Equity Group Acquires Retail Property In Cooper City For $3.4M

8625 Stirling Road, Cooper City, Florida 33328, United States

$3,400,000

$226/SF

Building Size

15,000 SF

Asset Type

Retail

Closing

Mar 16, 2022

About this deal

AI

An off-market retail property transaction took place in Cooper City. The property, located at 8625 Stirling Rd, was sold for $3,400,000. The asset spans over 15,000 square feet, resulting in a price per square foot of $227. The sale was completed on March 17, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,400,000
  • Address: 8625 Stirling Rd
  • Market: Cooper City
  • Square Feet: 15,000
  • Price per Square Foot: $227

IMC Equity Group acquired the property, which was an out parcel on their existing 56,000 square foot shopping center. Lower East Side Management represented the buyer in the deal, with Michael Cases serving as the broker. The anchor tenant of the shopping center is Aroma Kosher Market. Congratulations to both the buyer and seller on the successful transaction.

For more information, interested parties can contact Lower East Side Management, LLC at 305.815.0015 or email Michael Cases at [email protected]. The company's office is located at 20533 Biscayne Blvd in Aventura, FL 33180.

Players

Michael Cases

Cases Realty Goup

Broker

$6.9M

vol

2 deals

Broker
IG
IMC Equity GroupBuyer

Cooper City Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $226 per square foot on a published $3.4M for 15,000 square feet (2022).

Visit Michael Cases to view all their deals.

Browse Florida retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets