Amicus Medical Center Acquires Office Building In Boynton Beach For $4.2M
3795 W Boynton Beach Blvd, Boynton Beach, FL, USA
$4,200,000
$280/SF
Building Size
14,980 SF
Asset Type
Office
Closing
Jun 3, 2020
AI
The office property located at 3795 W Boynton Beach Blvd in Boynton Beach has recently been sold. The transaction took place on 06/03/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,200,000
- Address: 3795 W Boynton Beach Blvd
- Market: Boynton Beach
The buyer of the property is Amicus Medical Center, while the seller is Woolbright Corporation. The deal was facilitated by Robert Burstein and Alexis Shapiro from ONE Commercial Real Estate. The property spans across 14,980 square feet and sits on 1.55 acres. The price per square foot is approximately $280, and the price per acre is roughly $2,709,677.
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Boynton Beach 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93