Updated Dec 5, 2024
MDH Partners Acquires Industrial Property In Jupiter For $27.2M
15335 Park of Commerce Boulevard, Jupiter, FL, USA
$27,200,000
$124/SF
Building Size
218,000 SF
Asset Type
Industrial
Closing
Dec 9, 2020
About this deal
AI
The industrial property located at 15335 Park of Commerce Boulevard in Jupiter has been sold in a recent transaction. The property, measuring approximately 218,000 square feet, was sold for a price of $27,200,000, resulting in a price per square foot of $125. The sale took place on December 10, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $27,200,000
The buyer of the property was MDH Partners, represented by Jeff Small Jr. On the other hand, the seller was TPA Group, represented by J. Bradford Smith.
On the Map
$27,200,000
$124/SF
Industrial
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Players
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
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93