Hu Montague Of Greater & Always Better LLC Acquires Industrial Property In Boca Raton For $2.15M
2600 Northwest 1st Avenue
$2,150,000
$537/SF
Building Size
4,000 SF
Asset Type
Industrial
Closing
Jan 20, 2026
AI
The property asset involved in the transaction is an industrial asset located at 2600 Northwest 1st Avenue in Boca Raton. The property was sold for a transaction amount of $2,150,000 and encompasses a total square footage of 4,000 with a price per square foot of $537.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,150,000
- Address: 2600 Northwest 1st Avenue
- Market: Boca Raton
- Square Footage: 4,000
- Price Per Square Foot: $537
- Buyer: Hu Montague - Greater & Always Better, LLC
- Seller: Jeremy Morgado - Twenty Six Hundred, LLC
- Broker: Chad Gottsegen - LRM Advisors
The transaction involved Hu Montague representing Greater & Always Better, LLC as the buyer, while Jeremy Morgado represented Twenty Six Hundred, LLC as the seller. The deal was facilitated by broker Chad Gottsegen from LRM Advisors.
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93