Updated Dec 5, 2024
Elion Partners Acquires Industrial Property In Deerfield Beach For $15.6M With Buyer's Rep Sylvain Argy & Seller's Rep Sandra Mantey
1301 Northwest 3rd Street, Deerfield Beach, Florida 33442, United States
$15,600,000
$210,810/SF
Building Size
74 SF
Asset Type
Industrial
Closing
Mar 11, 2022
About this deal
AI
The industrial property located at 1301 NW 3rd St in Deerfield Beach has been sold for a price of $15,600,000. The property spans across 74,000 square feet, resulting in a price per square foot of $210. The sale took place on 11/03/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $15,600,000
- Address: 1301 NW 3rd St, Deerfield Beach
- Square Footage: 74,000
The buyer in this transaction was Elion Partners, represented by Sylvain Argy. The seller was Tesco South, represented by Sandra Mantey. The brokerage involved in this deal was Berger Commercial Realty, with Jordan Beck serving as the broker.
On the Map
$15,600,000
$210,810/SF
Industrial
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Players
Deerfield Beach 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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93