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7000 West Camino Real

Ken Goodman And Zac Goodman Acquire Mixed-Use Property In Boca Raton For $40 Million
SOLDMixed-use

Ken Goodman And Zac Goodman Acquire Mixed-Use Property In Boca Raton For $40 Million

7000 West Camino Real

$40,000,000

$211/SF

Building Size

189,533 SF

Asset Type

Mixed-use

Closing

May 28, 2026

AI

The property asset involved in this transaction is a mixed-use building located at 7000 West Camino Real in the Boca Raton market. The sale was finalized for a transaction amount of $40,000,000. The property spans a total area of 189,533 square feet, resulting in a price per square foot of $211.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $40,000,000
  • Address: 7000 West Camino Real
  • Market: Boca Raton
  • Square Footage: 189,533
  • Price per Square Foot: $211
  • Buyer: Ken Goodman & Zac Goodman
  • Seller: James Caprio
  • Seller's Representative: Nelson Garcia & Jamie Zambrana - RARE CRE

The deal involved Ken Goodman and Zac Goodman as the buyers, purchasing the property from seller James Caprio. The seller was represented by Nelson Garcia and Jamie Zambrana from RARE CRE during the transaction.

Players

Nelson Garcia

RARE CRE

Broker

$173M

vol

7 deals

Broker

Boca Raton Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93