Updated Dec 4, 2024
Deerfield Sports Center Acquires Industrial Property In Deerfield Beach For $5.55M
3165 Southwest 10th Street
$5,550,000
$45/SF
Building Size
122,000 SF
Asset Type
Industrial
Closing
Jan 23, 2024
About this deal
AI
Deerfield Beach has witnessed a recent industrial property sale at 3165-3175 Southwest 10th Street. The property spans an area of 122,000 square feet, with a price per square foot of $45. The transaction took place on January 23, 2024, with a total sale price of $5,550,000.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $5,550,000
- Address: 3165-3175 Southwest 10th Street, Deerfield Beach
- Market: Deerfield Beach
The buyer in this transaction was Deerfield Sports Center, represented by David Green. The seller was Bruce Willard. The brokerage team that facilitated the deal consisted of Noah Ohayon and Larry Genet from CBRE.
On the Map
$5,550,000
$45/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
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93