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Eric M. Levitt Of EML Realty Partners Acquires Industrial Property In Boynton Beach For $3.58M

Property Image
SOLD
$3,580,000

Florida

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Industrial17,303 SF
Sold 10/19/2025
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Property Image
SOLD

Eric M. Levitt Of EML Realty Partners Acquires Industrial Property In Boynton Beach For $3.58M

8245 State Road 7

See Similar Deals
Industrial17,303 SF
Sold 10/19/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$206
Total Square Footage:17,303 SF
Transaction Type:Sale

The industrial property located at 8245 South State Road 7 in Boynton Beach was sold for $3,580,000. The facility encompasses 17,303 square feet and is fully leased to SRS Distribution/Heritage Supply Group. Situated on five acres, it presents value-add potential as the lease is set to reset to market rent in three years.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,580,000
  • Square Footage: 17,303
  • Address: 8245 South State Road 7
  • Market: Boynton Beach
  • Price Per Square Foot: $207
  • Buyer: Eric M. Levitt
  • Buying Entity: EML Realty Partners

Eric M. Levitt, representing EML Realty Partners, facilitated the purchase of the property. The transaction highlights the interest in industrial real estate within the Boynton Beach market.

Players

Eric M. Levitt
EML Realty Partners
Eric M. Levitt
13 deals$63M volume
BUYER

Details

SOLD
IMAGE: Eric M. Levitt DATE: 10/19/2025 ADDRESS: 8245 South State Road 7 MARKET: Boynton Beach ASSET TYPE: Industrial BUYER: Eric M. Levitt - EML Realty Partners SALE PRICE: $3,580,000 SF: 17,303 ~ PPSF: $207 NOTE: EML Realty Partners bought the 17,303-square-foot industrial property at 8245 S State Road 7 in Boynton Beach for $3.58 million. The fully leased facility, occupied by SRS Distribution/Heritage Supply Group, sits on five acres and offers value-add potential when the lease resets to market rent in three years.

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

$190,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,719.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,971.03
Annual Debt Service$203,652.32