Sam Miron Acquires Industrial Property From Erasimo Ciccolella In Boca Raton For $3.02M
1200 South Rogers Circle
$3,020,000
$406/SF
Building Size
7,437 SF
Asset Type
Industrial
Closing
Aug 12, 2025
AI
The property involved in the transaction is an industrial asset located at 1200 South Rogers Circle Suite 11 in Boca Raton. The sale price for the property amounted to $3,020,000, with a total square footage of 7,437 and a price per square foot of $406.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,020,000
- Address: 1200 South Rogers Circle Suite 11
- Market: Boca Raton
- Square Footage: 7,437
- Price per Square Foot: $406
- Buyer: Sam Miron
- Seller: Erasimo Ciccolella
- Brokers: Chad Gottsegen & Anthony Mamann - LRM CREA
This deal was facilitated by brokers Chad Gottsegen and Anthony Mamann, who represented the transaction ensuring a successful closure between the buyer, Sam Miron, and the seller, Erasimo Ciccolella.
Players
Boca Raton 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
5.25%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93