Benjamin Genet Acquires Store In Fort Lauderdale For $5.35M
8933 West Oakland Park Boulevard, Fort Lauderdale, Florida 33311, United States
$5,350,000
$268/SF
Building Size
19,965 SF
Asset Type
Retail
Closing
Apr 26, 2022
AI
The store property located at 8901-8933 W Oakland Park Blvd in Fort Lauderdale, FL has been sold. The transaction took place on April 27, 2022. The property spans a total of 19,965 square feet and was sold for a price of $5,350,000, resulting in a price per square foot of $268.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $5,350,000
- Address: 8901-8933 W Oakland Park Blvd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 19,965
The buyer of the property is Benjamin Genet and the seller is Jonathan Fels.
Sunrise 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93