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1095 Jupiter Park Drive

Eric M. Levitt Of EML Realty Partners Acquires Industrial Facility In Jupiter For $5.33M
SOLDIndustrial

Eric M. Levitt Of EML Realty Partners Acquires Industrial Facility In Jupiter For $5.33M

1095 Jupiter Park Drive

$5,325,000

$270/SF

Building Size

19,717 SF

Asset Type

Industrial

Closing

Mar 10, 2025

AI

EML Realty Partners acquired an industrial facility located at 1095 Jupiter Park Drive in Jupiter Commerce Park. The property encompasses a total of 19,717 square feet and was sold for a price of $5,325,000, resulting in a price per square foot of $270.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,325,000
  • Sale Date: 03/10/2025
  • Address: 1095 Jupiter Park Drive
  • Market: Jupiter
  • Square Footage: 19,717
  • Price Per Square Foot: $270
  • Buyer: Eric M. Levitt - EML Realty Partners

Eric M. Levitt, representing EML Realty Partners, views this acquisition as a value-add opportunity due to the existing below-market short-term rents of the facility. The firm operates over 50 properties across Florida.

Players

Eric M. Levitt

EML Realty Partners

Buyer

$63M

vol

13 deals

Buyer

Jupiter Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.98%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93