James H. Batmasian Acquires Industrial Property In Boca Raton For $11M
SOLD
$11,000,000
Florida
See Similar DealsIndustrial73,395 SF
Sold 05/14/2021
SOLD
James H. Batmasian Acquires Industrial Property In Boca Raton For $11M
108 NW 20th St, Boca Raton, FL, USA
See Similar DealsIndustrial73,395 SF
Sold 05/14/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$149
Total Square Footage:73,395 SF
Transaction Type:Sale
James H. Batmasian has acquired an industrial property in Boca Raton for a price of $11,000,000. The property, located at 108 NW 20th St & 1800 NW 1st Ave, spans approximately 73,395 square feet. This translates to a price per square foot (PPSF) of $150. The transaction was finalized on May 14, 2021. The seller of the property was Bernadette Castro & Terri A. Keogh.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $11,000,000
- Square Footage: 73,395
- Price per Square Foot (PPSF): $150
- Market: Boca Raton
James H. Batmasian, the buyer in this transaction, successfully acquired the industrial property located in Boca Raton. On the other hand, Bernadette Castro & Terri A. Keogh acted as the sellers of the property.
Players
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)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
Is there something missing? Send suggestions