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Brooks Koepka Purchases Industrial Unit At 1201 Jupiter Park Drive For $2.095M From Eric Levitt

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SOLD
$2,050,000

Florida

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Industrial5,094 SF
Sold 11/01/2024
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SOLD

Brooks Koepka Purchases Industrial Unit At 1201 Jupiter Park Drive For $2.095M From Eric Levitt

1201 Jupiter Park Drive

See Similar Deals
Industrial5,094 SF
Sold 11/01/2024
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$402
Total Square Footage:5,094 SF
Transaction Type:Sale

This industrial property, located at 1201 Jupiter Park Drive in Jupiter, consists of a 5,094 square foot unit that was sold for $2,095,000. The space is configured with 60% office and 40% warehouse, featuring a reception area, nine offices, a conference room, kitchenette, server room, two restrooms, and open warehouse space. The property enjoys a central location in Jupiter Commerce Park, with convenient access to I-95 and the Florida Turnpike.

Summary of transaction details:

Brooks Koepka, a professional golfer, acquired the unit from Eric Levitt, who represents EML Realty Partners, a commercial real estate investment firm based in Jupiter, FL. EML Realty specializes in opportunistic commercial real estate investments and has a portfolio comprising over 40 properties valued at more than $500 million and over 1,000,000 square feet of leasable space throughout Florida.

Players

Jack Robson
1 deal$2.1M volume(561) 371-6514
BROKER

Dan Sefjack
Business Real Estate
1 deal$2.1M volume(561) 624-1420
BROKER

Marc Turnesa
Frankel-Ball Realty
1 deal$2.1M volume(561) 329-0655
BROKER

Details

SOLD
IMAGE: Brooks Koepka & Eric Levitt DATE: 11/01/2024 ADDRESS: 1201 Jupiter Park Drive MARKET: Jupiter ASSET TYPE: Industrial BUYER: Brooks Koepka (@BKoepka) SELLER: Eric Levitt - EML Realty Partners BROKERS: Jack Robson & Dan Sefjack - Business Real Estate; Marc Turnesa - Frankel-Ball Realty SALE PRICE: $2,095,000 SF: 5,094 ~ PPSF: $402 NOTE FROM SELLER: EML Realty Partners, based in Jupiter, FL, recently sold one unit of an industrial warehouse building to professional golfer Brooks Koepka. The unit, one of four units in the 1201 Jupiter Park Drive building, was purchased for $2,095,000 The 5,094 square foot unit currently consists of 60% office, 40% warehouse space, with a reception area, nine offices, a conference room, kitchenette, server room, two restrooms, and open warehouse space. The property is centrally located within Jupiter Commerce Park with convenient access to I-95 and the Florida Turnpike. EML Realty Partners, LLC ("EML") is a commercial real estate investment firm specializing in the acquisition of opportunistic commercial real estate investments. The EML portfolio is made up of a majority of industrial/flex properties throughout the state of Florida. The Florida portfolio consists of more than 40 properties with a value in excess of $500 million and over 1,000,000 square feet of leasable space.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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