James H. Batmasian Acquires Retail Property In Deerfield Beach For $4.35M
1252 W Hillsboro Blvd, Deerfield Beach, FL, USA
$4,350,000
$566/SF
Building Size
7,675 SF
Asset Type
Retail
Closing
Oct 27, 2021
AI
The retail property located at 1240-1252 W Hillsboro Blvd in Deerfield Beach has been sold in a recent transaction. The property spans a total area of 7,675 square feet. The sale price for the property was $4,350,000, resulting in a price per square foot of $567.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $4,350,000
James H. Batmasian acted as the buyer for this transaction. The seller was Rrpiv Deerfield Station LLC.
Deerfield Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93