Updated Dec 4, 2024
Starwest Holdings, LLC Acquires Industrial Building In Deerfield Beach For $2.9M
3350 Southwest 15th Street
$2,900,000
$264/SF
Building Size
10,978 SF
Asset Type
Industrial
Closing
Sep 19, 2023
About this deal
AI
An industrial building in Deerfield Beach was recently sold for $2.9 million. The property, located at 3350-3370 SW 15th St., offers a total of 10,978 square feet of space. Situated on approximately 1.2 acres of land, the building has great potential for expansion. Its strategic location near major transportation routes adds to its appeal in the market.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $2,900,000
- Square Footage: 10,978
- Address: 3350-3370 SW 15th Street
- Market: Deerfield Beach
The sale of this industrial building was handled by William Domsky, a Principal at Lee & Associates South Florida. Serving as the broker, Domsky successfully closed the deal on September 19th. The transaction was conducted between the buyer, Starwest Holdings, LLC, and the seller, 3370, LLC. With his expertise and experience, Domsky facilitated the smooth completion of this property transaction.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93