Snl 4651 Dyer Blvd LLC Acquires Industrial Property In West Palm Beach For $5.95M
SOLD
$5,950,000
Florida
See Similar DealsIndustrial12,104 SF
Sold 07/26/2021
SOLD
Snl 4651 Dyer Blvd LLC Acquires Industrial Property In West Palm Beach For $5.95M
4651 Dyer Blvd, West Palm Beach, FL, USA
See Similar DealsIndustrial12,104 SF
Sold 07/26/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$491
Total Square Footage:12,104 SF
Transaction Type:Sale
The industrial property located at 4651 Dyer Blvd in West Palm Beach has been sold. The property spans 12,104 square feet and was acquired by Snl 4651 Dyer Blvd LLC for a total sale price of $5,950,000. This amounts to an average price per square foot of $492. The transaction took place on July 26, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,950,000
- Square Footage: 12,104
- Price per Square Foot: $492
The buyer for this industrial property was Snl 4651 Dyer Blvd LLC. On the other hand, Leo Addimando acted as the seller. No additional details are available regarding this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$317,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,139.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,206.04
Annual Debt Service$338,472.43
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