Chad Gottsegen Of LRM Commercial Real Estate Advisors Represents Buyer In $7.325M Boca Raton Office Sale
3000 North Military Trail
$7,325,000
$394/SF
Building Size
18,568 SF
Asset Type
Office
Closing
Jul 1, 2026
AI
The asset involved in this transaction is an office property located at 3000 North Military Trail in Boca Raton. The sale price for the property was $7,325,000, encompassing a total square footage of 18,568. The price per square foot for the transaction was $394.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,325,000
- Address: 3000 North Military Trail
- Market: Boca Raton
- Square Footage: 18,568
- Price per Square Foot: $394
- Buyer's Representative: Chad Gottsegen - LRM Commercial Real Estate Advisors
- Seller's Representative: Jason Carros - Carros Commercial Realty
This transaction involved Chad Gottsegen representing the buyer and Jason Carros representing the seller. Each broker played a crucial role in facilitating the successful completion of the sale.
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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93