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10055 Yamato Road

Paul Mandel Of Nexgen Legacy Group Sells Boca Raton Office For $5.75M With Advisors
SOLDOffice

Paul Mandel Of Nexgen Legacy Group Sells Boca Raton Office For $5.75M With Advisors

10055 Yamato Road

$5,750,000

$513/SF

Building Size

11,200 SF

Asset Type

Office

Closing

Dec 28, 2025

AI

The property asset involved in this transaction is an office located at 10055 Yamato Road in Boca Raton. The sale was executed for a transaction amount of $5,750,000, and the asset encompasses a total square footage of 11,200, resulting in a price per square foot of $513.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,750,000
  • Address: 10055 Yamato Road
  • Market: Boca Raton
  • Seller: Paul Mandel - Nexgen Legacy Group
  • Buyer's Representative: Allyson Sullivan - Lang Realty
  • Seller's Representatives: Elon Gerberg & Adam Klein - Vision Real Estate Advisors
  • Square Footage: 11,200
  • Price Per Square Foot: $513

The transaction included key individuals such as Paul Mandel representing Nexgen Legacy Group as the seller, alongside Allyson Sullivan acting on behalf of the buyer from Lang Realty. The seller's associates driving the deal were Elon Gerberg and Adam Klein from Vision Real Estate Advisors.

Players

Adam H. Klein

Vision Real Estate Advisors

Broker

$129.8M

vol

38 deals

Broker
Lang Realty
Lang RealtyBrokerage

Boca Raton Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93