Global Fund Investment Acquires Sunrise Retail Property For $17.4M
SOLD
$17,400,000
Florida
See Similar DealsRetail82,126 SF
Sold 08/09/2020
SOLD
Global Fund Investment Acquires Sunrise Retail Property For $17.4M
9010 West Commercial Boulevard, Sunrise, FL, USA
See Similar DealsRetail82,126 SF
Sold 08/09/2020
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$211
Total Square Footage:82,126 SF
Transaction Type:Sale
The retail property located at 9010-9370 West Commercial Blvd in Sunrise has been sold in a recent transaction. The property spans a total of 82,126 square feet and is situated on 11.7 acres of land. The sale price for this asset was $17,400,000, resulting in a price per square foot of $212 and a price per acre of $1,487,179. The transaction took place on 08/09/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $17,400,000
- Address: 9010-9370 West Commercial Blvd, Sunrise
- Market: Sunrise
The buyer of this retail property is Global Fund Investment, represented by Doron Valero. On the other hand, the seller is Principal Real Estate. The sale was facilitated by the brokers Adam Feinstein and Mitchell Halpern from Cushman & Wakefield.
Players
SELLER
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)
$928,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$61,818.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,484.88
Annual Debt Service$989,818.52
Is there something missing? Send suggestions