SOLDOffice
Khang V Nguyen Acquires Office Building In Largo, FL For $2.7M
12755 Highway 55, Plymouth, Minnesota 55441, United States
$30,300,000
$131/SF
Building Size
230,000 SF
Asset Type
Office
Closing
Oct 16, 2022
About this deal
AI
An office building located at 12600 Belcher Rd S in Largo, FL has been sold for $2,700,000. The property spans 29,161 square feet, resulting in a price per square foot of $92. The transaction took place on October 6, 2022.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $2,700,000
- Address: 12600 Belcher Rd S, Largo, FL
- Square Footage: 29,161
- Price per Square Foot: $92
The buyer in this transaction was Khang V Nguyen, while the seller was Holly Jean.
Players
Minneapolis Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93