Updated Dec 21, 2023
Brandon Duff & Mack Wolfgram Sell Industrial Property In West Palm Beach For $7.1M
3945 Fiscal Court, West Palm Beach, Florida 33404, United States
$7,100,000
$516/SF
Building Size
13,736 SF
Asset Type
Industrial
Closing
Apr 24, 2022
About this deal
AI
A 3.6 acre industrial property located at 3945 Fiscal Court in West Palm Beach has been sold for $7,100,000. The property spans 14,000 square feet, resulting in a price per square foot of $507. The sale was facilitated by Brandon Duff and Mack Wolfgram of Stan Johnson Co.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,100,000
- Address: 3945 Fiscal Court
- Market: West Palm Beach
- Size: 14,000 square feet
- Price per Square Foot: $507
Brandon Duff and Mack Wolfgram, representing Stan Johnson Co., played a pivotal role in the successful completion of the transaction.
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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93