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Rich Global Acquires Flex Building In Riviera Beach From EPR Properties For $3M

Property Image
SOLD
$3,000,000
Max Loria
David Richman

Florida

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Industrial25,300 SF
Sold 09/30/2025
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Property Image
SOLD

Rich Global Acquires Flex Building In Riviera Beach From EPR Properties For $3M

6598 North Military Trail

See Similar Deals
Industrial25,300 SF
Sold 09/30/2025
Max Loria
David Richman
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$118
Total Square Footage:25,300 SF
Transaction Type:Sale

The asset involved in this transaction is a flex building located at 6598 North Military Trail in Riviera Beach. The sale price for the property was $3,000,000, which reflects a price per square foot of $118. The total square footage of the building is 25,300.

Summary of transaction details:

  • Property Type: Flex Building
  • Transaction Amount: $3,000,000
  • Address: 6598 North Military Trail
  • Market: Riviera Beach
  • Buyer: Rich Global
  • Seller: EPR Properties (NYSE:EPR)
  • Buyer's Representative: Max Loria & David Richman - STL Commercial

Key individuals involved in the deal include the buyer, Rich Global, and the seller, EPR Properties. The transaction was represented by brokers Max Loria and David Richman from STL Commercial, who facilitated the agreement between the two parties.

Players

Max Loria
STL Commercial
Max Loria
27 deals$123.1M volume
BROKER
David Richman
STL Commercial
David Richman
30 deals$135.2M volume
BROKER
STL Commercial
STL Commercial
BROKERAGE
EPR Properties
EPR Properties
SELLER

Details

SOLD
IMAGE: David Richman & Max Loria DATE: 09/30/2025 ADDRESS: 6598 North Military Trail MARKET: Riviera Beach ASSET TYPE: Flex Building BUYER: Rich Global SELLER: EPR Properties (NYSE:EPR) BUYER'S REP: Max Loria (@Max_Loria) & David Richman (@DRichman21) - STL Commercial (@STL.Commercial) SALE PRICE: $3,000,000 SF: 25,300 ~ PPSF: $118

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37