Thematic Capital Group Acquires Industrial Asset In Debary From Joel White For $5M
907 Charles Richard Beall Boulevard
$5,000,000
$135/SF
Building Size
37,000 SF
Asset Type
Industrial
Closing
Jul 14, 2025
AI
The transaction involved an industrial asset located at 907 S. Charles Richard Beall Blvd in Debary. The sale price for this property was $5,000,000, encompassing a total square footage of 37,000. The price per square foot for this transaction was calculated at $135.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Buyer: Thematic Capital Group
- Seller: Joel White
- Broker Representatives: Christian Peters & Nick Watson - Matthews Real Estate Investment Services
Christian Peters and Nick Watson represented the brokerage firm involved in this transaction, facilitating the deal between Thematic Capital Group and Joel White. The expertise of the brokers contributed to the successful completion of this sale in the industrial market.
Players
Debary 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93