Sam Judd Acquires Retail Property On N Flagler Dr In Fort Lauderdale For $8.25M
SOLD
$8,250,000
Florida
See Similar DealsRetail15,456 SF
SOLD
Sam Judd Acquires Retail Property On N Flagler Dr In Fort Lauderdale For $8.25M
924 North Flagler Drive, Fort Lauderdale, Florida 33304, United States
See Similar DealsRetail15,456 SF
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$533
Total Square Footage:15,456 SF
Transaction Type:Sale
The retail property located at 900-924 N Flagler Dr in Fort Lauderdale, FL has been sold in a transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,250,000
- Square Footage: 15,456
- Price Per Square Foot: $533
- Address: 900-924 N Flagler Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Sam Judd has purchased the property from Scott Sherman & Benjamin Mandell.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$439,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,310.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,109.21
Annual Debt Service$469,310.51
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