Sam Miron Acquires Industrial Property From Erasimo Ciccolella In Boca Raton For $3.02M
SOLD
$3,020,000
Florida
See Similar DealsIndustrial7,437 SF
Sold 08/13/2025
SOLD
Sam Miron Acquires Industrial Property From Erasimo Ciccolella In Boca Raton For $3.02M
1200 South Rogers Circle
See Similar DealsIndustrial7,437 SF
Sold 08/13/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$406
Total Square Footage:7,437 SF
Transaction Type:Sale
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
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$161,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,729.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,316.34
Annual Debt Service$171,796.09
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