Green 350 Acquires Industrial Asset At 350 Goolsby Boulevard From Performance Food Group For $6.65M
SOLD
Florida
See Similar DealsIndustrial22,916 SF
Sold 02/07/2025
SOLD
Green 350 Acquires Industrial Asset At 350 Goolsby Boulevard From Performance Food Group For $6.65M
350 Goolsby Boulevard
See Similar DealsIndustrial22,916 SF
Sold 02/07/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$290
Total Square Footage:22,916 SF
Transaction Type:Sale
The industrial property located at 350 Goolsby Boulevard in Deerfield Beach has been sold for $6,650,000. The property spans 22,916 square feet, resulting in a price per square foot of $290.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,650,000
- Address: 350 Goolsby Boulevard
- Market: Deerfield Beach
- Square Footage: 22,916
- Price per Square Foot: $290
- Buyer: Green 350
- Seller: Performance Food Group
- Buyer's Representative: Carlos Velasquez & Chris Sutton - VS Real Estate (VSRE)
- Seller's Representatives: Tom O'Loughlin & Larry Genet - CBRE; Chris Robinson - Fischer & Company
This transaction involved various representatives working for both parties. The buyer was represented by Carlos Velasquez and Chris Sutton from VS Real Estate, while the seller was represented by Tom O'Loughlin and Larry Genet from CBRE, along with Chris Robinson from Fischer & Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$354,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,626.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,524.39
Annual Debt Service$378,292.71
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