Updated May 8, 2026
Brandon Transfer & Storage Co, Inc Sells Industrial Property At 2900 Tuxedo Avenue For $8.3M
2900 Tuxedo Avenue
$8,300,000
$253/SF
Building Size
32,751 SF
Asset Type
Industrial
Closing
May 4, 2026
About this deal
AI
The industrial asset located at 2900 Tuxedo Avenue in West Palm Beach has been sold. The property encompasses a total of 32,751 square feet and was transacted for a price of $8,300,000, resulting in a price per square foot of $253.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,300,000
- Address: 2900 Tuxedo Avenue
- Market: West Palm Beach
- Seller: Brandon Transfer & Storage Co, Inc
- Brokers: Zachariah Statlander & Adam Wilcox - Compass
The deal involved the brokerage representation of Zachariah Statlander and Adam Wilcox, who facilitated the transaction on behalf of the seller, Brandon Transfer & Storage Co, Inc.
Players
West Palm 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93