Harvest International Acquires Retail Property In Sunrise For $13.85M
SOLD
$13,850,000
Florida
See Similar DealsRetail
Sold 02/28/2023
SOLD
Harvest International Acquires Retail Property In Sunrise For $13.85M
13001 West Sunrise Boulevard
See Similar DealsRetail
Sold 02/28/2023
Summary
FLORIDA
Asset Type:Retail
Transaction Type:Sale
An off-market retail property located at 13001 West Sunrise Boulevard in Sunrise has been sold for a total of $13,850,000. The property spans over 50,000 square feet with a price per square foot of $277. The transaction took place on 02/28/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $13,850,000
- Address: 13001 West Sunrise Boulevard
- Market: Sunrise
- Buyer: Harvest International
- Seller: FVP Sawgrass
Moshe Biton from Capital Group Realty and Lena Zubkova from Apogee Realty represented the buyer in this deal. They can be contacted for more off-market opportunities. Moshe Biton can be reached at 954-608-7008 or [email protected], while Lena Zubkova can be reached at 786-859-6879 or [email protected].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$738,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,206.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,656.07
Annual Debt Service$787,872.79
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