Levi LLC Acquires Office Building In Boca Raton For $14M
2200 Corporate Boulevard Northwest, Boca Raton, FL, USA
$14,000,000
$179/SF
Building Size
77,916 SF
Asset Type
Office
Closing
Jul 29, 2020
About this deal
AI
Located at 2200 NW Corporate Blvd in Boca Raton, this office property has been sold for a price of $14,000,000. The transaction took place on July 29, 2021, and the property spans a total area of 77,916 square feet. The price per square foot for this sale is $180.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $14,000,000
- Address: 2200 NW Corporate Blvd, Boca Raton
- Market: Boca Raton
The buyer of this office property is Levi LLC, represented by Abraham Weissbrod. The seller is Greenhouse Reflections LLC, represented by Marc D. Wigder.
On the Map
$14,000,000
$179/SF
Office
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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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93