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858 South Military Trail

Denholtz Sells Office Asset In Deerfield Beach For $34.5 Million With Cushman & Wakefield Brokers
SOLDOffice

Denholtz Sells Office Asset In Deerfield Beach For $34.5 Million With Cushman & Wakefield Brokers

858 South Military Trail

$34,500,000

$219/SF

Building Size

157,510 SF

Asset Type

Office

Closing

Feb 4, 2026

AI

This transaction involves an office asset located at 602–668 & 776–858 South Military Trail in Deerfield Beach. The asset was sold for a total of $34,500,000, encompassing a substantial area of 157,510 square feet, resulting in a price per square foot of $219.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $34,500,000
  • Square Footage: 157,510
  • Price per Square Foot: $219
  • Seller: Denholtz
  • Brokers: Scott O'Donnell, Greg Miller, Mike Ciadella & Miguel Alcivar - Cushman & Wakefield
  • Market: Deerfield Beach

The transaction was facilitated by a team of brokers from Cushman & Wakefield, including Scott O'Donnell, Greg Miller, Mike Ciadella, and Miguel Alcivar, who represented the seller, Denholtz, in this significant sale.

Players

Miguel Alcivar

Cushman & Wakefield

Broker

$965.1M

vol

39 deals

Broker
Denholtz Properties
Denholtz PropertiesSeller

Deerfield 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

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93