Updated Dec 21, 2023
Abhinov Singh Acquires Freight Distribution In Boca Raton For $7.1M
6403 West Rogers Circle, Boca Raton, Florida 33487, United States
$7,100,000
$173/SF
Building Size
40,828 SF
Asset Type
Industrial
Closing
Jun 26, 2022
About this deal
AI
The Freight Distribution property located at 6403 W Rogers Cir in Boca Raton, FL has been sold. The transaction took place on June 27, 2022, with a sale price of $7,100,000. The property spans a total area of 40,828 square feet, resulting in a price per square foot of $173.
Summary of transaction details:
- Property Type: Freight Distribution
- Transaction Amount: $7,100,000
- Square Footage: 40,828
- Price per Square Foot: $173
- Address: 6403 W Rogers Cir, Boca Raton, FL
- Market: Boca Raton, FL
Abhinov Singh purchased the property from David J. Long III in this closed transaction. No additional information is available regarding the buyer, seller, or any representatives involved in the deal.
Players
Boca Raton 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