Jack Dell'Accio Acquires Industrial Property In Boca Raton For $5.55 Million With Representatives Mark M. Rubin & Bastian Schauer
SOLD
$5,550,000
Florida
See Similar DealsIndustrial14,951 SF
Sold 01/17/2025
SOLD
Jack Dell'Accio Acquires Industrial Property In Boca Raton For $5.55 Million With Representatives Mark M. Rubin & Bastian Schauer
6510 West Rogers Circle
See Similar DealsIndustrial14,951 SF
Sold 01/17/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$371
Total Square Footage:14,951 SF
Transaction Type:Sale
The property asset involved in this transaction is an industrial facility located at 6510 West Rogers Circle in Boca Raton. The sale price is $5,550,000, encompassing a total square footage of 14,951. The price per square foot for this property amounts to $371.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,550,000
- Address: 6510 West Rogers Circle
- Market: Boca Raton
- Square Footage: 14,951
- Price Per Square Foot: $371
- Buyer: Jack Dell'Accio
- Buyer's Representative: Mark M. Rubin & Bastian Schauer - Colliers
- Seller's Representative: Mark Faeth - LRM CREA
This transaction features key individuals and companies, with Mark M. Rubin and Bastian Schauer representing the buyer, while Mark Faeth is the representative for the seller, demonstrating the collaborative efforts of recognized professionals in the real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$295,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,717.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,309.83
Annual Debt Service$315,717.98
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