facebook
Traded Co logo
Submit
Daily limit: 0/10

EE Properties WPB LLC Acquires Palm Beach Business Center From 801 Northpoint LLC For $6.5M

Property Image
SOLD
$6,500,000

Florida

See Similar Deals
Office21,150 SF
Sold 06/12/2025
the dealplayerscompscontact
Property Image
SOLD

EE Properties WPB LLC Acquires Palm Beach Business Center From 801 Northpoint LLC For $6.5M

801 Northpoint Parkway

See Similar Deals
Office21,150 SF
Sold 06/12/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$307
Total Square Footage:21,150 SF
Transaction Type:Sale

The office asset involved in this transaction is located at 801 Northpoint Parkway in West Palm Beach. The property spans 21,150 square feet and was acquired for $6,500,000, equating to a price per square foot of $307.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,500,000
  • Square Footage: 21,150
  • Address: 801 Northpoint Parkway
  • Market: West Palm Beach
  • Buyer: EE Properties WPB LLC
  • Seller: 801 Northpoint LLC
  • Broker: C. Todd Everett - Lee & Associates

C. Todd Everett from Lee & Associates brokered the off-market sale, representing both the buyer EE Properties WPB LLC and the seller 801 Northpoint LLC. The transaction was finalized on June 10, 2025, involving an office building that specializes in executive suites.

Players

C. Todd Everett
Lee & Associates
C. Todd Everett
3 deals$31.9M volume(561) 414-8567
BROKER
C. Todd Everett
Lee & Associates
C. Todd Everett
3 deals$31.9M volume(561) 414-8567
BROKER

Details

SOLD
IMAGE: C. Todd Everett DATE: 06/12/2025 ADDRESS: 801 Northpoint Parkway MARKET: West Palm Beach ASSET TYPE: Office BUYER: EE Properties WPB LLC SELLER: 801 Northpoint LLC BROKER: C. Todd Everett (@Acceptthegoodnow) - Lee & Associates (@LeeAssociatesRE) SALE PRICE: $6,500,000 SF: 21,150 ~ PPSF: $307 NOTE: Lee & Associates’ C. Todd Everett brokered the $6.5M off-market sale of the 21,150 SF Palm Beach Business Center in West Palm Beach, representing both buyer EE Properties WPB LLC and seller FLF 801 Northpoint LLC. The office building, located at 801 Northpoint Pkwy, specializes in executive suites and closed June 10.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$346,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79