Eshter Behar Acquires Retail Property At 9700 Pines Blvd Pembroke Pines For $1,925,000
9700 Pines Blvd
$1,925,000
$759/SF
Building Size
2,535 SF
Asset Type
Retail
Closing
Jan 23, 2012
About this deal
AI
The property asset involved in this transaction is a retail space with a square footage of 2,535 located at 9700 Pines Blvd in Pembroke Pines. The sale price for the property was $1,925,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,925,000.00
- Address: 9700 Pines Blvd
- Market: Pembroke Pines
- Asset Size: 2,535 SF
- Buyer: Eshter Behar
- Seller: Barry Ross
- Brokers: Arthur Porosoff, Adam Tiktin (Franklin Street)
The key individuals involved in this deal include the buyer, Eshter Behar, and the seller, Barry Ross. The transaction was facilitated by brokers Arthur Porosoff and Adam Tiktin, representing Franklin Street in the sale.
Players
Pembroke Pines 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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93