JBL Asset Management Acquires Retail Property In Deerfield Beach For $18.75M
1019 Federal Highway, Deerfield Beach, Florida 33441, United States
$18,750,000
$128/SF
Building Size
145,502 SF
Asset Type
Retail
Closing
Jun 6, 2022
About this deal
AI
The retail property located at 1019 S Federal Hwy in Deerfield Beach has been sold in a transaction. The property spans 145,502 square feet and was sold for a total price of $18,750,000, resulting in a price per square foot of $129. The sale date for this transaction was 06/07/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,750,000
- Address: 1019 S Federal Hwy, Deerfield Beach
- Market: Deerfield Beach
JBL Asset Management acquired the property from RPT Realty. The deal was facilitated by the brokers Danny Finkle, Eric Williams, Kim Flores, and Cameron Beck from JLL.
On the Map
$18,750,000
$128/SF
Retail
View full map
Players
Deerfield Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Cameron Beck to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93