Living Art Kitchens Acquires Industrial Property From William Siebold For $6 Million In Coral Springs
4201 Northwest 124th Avenue
$6,000,000
$252/SF
Building Size
23,769 SF
Asset Type
Industrial
Closing
Dec 30, 2025
AI
An industrial asset located at 4201 Northwest 124th Avenue in Coral Springs has been sold. The property was transacted for a price of $6,000,000, encompassing a total square footage of 23,769. The price per square foot amounts to $252.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Address: 4201 Northwest 124th Avenue
- Market: Coral Springs
- Sale Price per Square Foot: $252
- Buyer: Living Art Kitchens
- Seller: William Siebold
- Broker: Mark Faeth - LRM CREA
The transaction involved Living Art Kitchens as the buyer and William Siebold as the seller. Mark Faeth from LRM CREA facilitated the deal, acting on behalf of the involved parties.
Players
Coral Springs 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93