Don DeWoody Acquires Office Property For $4.55M In Boca Raton
21045 Commercial Trail
$4,550,000
$415/SF
Building Size
10,960 SF
Asset Type
Office
Closing
Nov 30, 2023
About this deal
AI
The office property located at 21045 Commercial Trail in Boca Raton has been sold. The transaction was facilitated by Don DeWoody from Landmark Commercial Realty Advisors, representing the buyer, and Keith O'Donnell from Avison Young, representing the seller.
Summary of transaction details:
- Property Type: Office
- Sale Price: $4,550,000
- Square Footage: 10,960
- Price per Square Foot: $415
- Address: 21045 Commercial Trail, Boca Raton
- Market: Boca Raton
This successful sale signifies the collaboration between Don DeWoody from Landmark Commercial Realty Advisors and Keith O'Donnell from Avison Young in achieving a mutually beneficial transaction for both parties involved.
On the Map
$4,550,000
$415/SF
Office
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Players
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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93