Carrera Family Investments Acquires Retail Property In Lakeland For $7.1M
SOLD
National
See Similar DealsSold 07/28/2022
SOLD
Carrera Family Investments Acquires Retail Property In Lakeland For $7.1M
4000 US Hwy 98 N
See Similar DealsSold 07/28/2022
Summary
Transaction Type:Sale
Carrera Family Investments, Inc, represented by Jose Carrera, has acquired a retail property located at 4000 US Hwy 98 N in Lakeland. The property spans approximately 44,321 square feet and was sold by Lakeland Retail, LLC, with Steve Wathen acting as the seller. The transaction took place for a total price of $7,125,000, resulting in a price per square foot of $161.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,125,000
- Address: 4000 US Hwy 98 N, Lakeland
- Buyer: Carrera Family Investments, Inc - Jose Carrera
- Seller: Lakeland Retail, LLC - Steve Wathen
- Seller's Representative: Anthony Bernabe & Jordan Characo - Equity
- Square Footage: 44,321
- Price per Square Foot: $161
Anthony Bernabe and Jordan Characo from Equity represented the seller in this transaction.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
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Debt Service Coverage Ratio (DSCR)
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Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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