Updated Oct 29, 2024
Cabot Properties Acquires Industrial Property In Royal Palm Beach For $15.5M
501 103rd Ave N, Royal Palm Beach, FL 33411, USA
$15,500,000
$17/SF
Building Size
867,100 SF
Asset Type
Industrial
Closing
Jul 26, 2020
About this deal
AI
The industrial property located at 501 103rd Avenue North in Royal Palm Beach has been sold for a price of $15,500,000. The property spans 86,710 square feet, resulting in a price per square foot of $179.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $15,500,000
- Square Footage: 86,710
- Price per Square Foot: $179
- Address: 501 103rd Avenue North, Royal Palm Beach
- Market: Royal Palm Beach
The seller of the property is Edward Easton of the Easton Group, while the buyer is Cabot Properties.
On the Map
$15,500,000
$17/SF
Industrial
View full map
Players
Royal Palm Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Edward Easton to view all their deals.
Browse Florida industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93