IMC Equity Acquires Retail Property In Cooper City For $16.36M
SOLD
$16,360,000
Florida
See Similar DealsRetail56,968 SF
Sold 12/19/2019
SOLD
IMC Equity Acquires Retail Property In Cooper City For $16.36M
8861 Stirling Road, Cooper City, FL, USA
See Similar DealsRetail56,968 SF
Sold 12/19/2019
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$287
Total Square Footage:56,968 SF
Transaction Type:Sale
The retail property located at 8631-8861 Stirling Road in Cooper City has been sold for a price of $16,360,000. The property, with a total square footage of 56,968, was purchased by IMC Equity, represented by Yoram Izhak. The seller, Stirling Retail 26 LLC, was represented by Yaniv Sananes.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $16,360,000
- Address: 8631-8861 Stirling Road, Cooper City
- Square Footage: 56,968
- Seller: Stirling Retail 26 LLC - Yaniv Sananes
- Buyer: IMC Equity - Yoram Izhak
The sale of this retail property marks an important transaction in the Cooper City market. IMC Equity, led by Yoram Izhak, made a strategic investment in the property, acquiring a significant asset in a thriving retail market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$872,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$58,123.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$77,554.75
Annual Debt Service$930,656.96
Is there something missing? Send suggestions