Corporate Partners Capital Group Acquires Retail Property In Boca Raton From Walgreens
SOLD
$9,150,000
Florida
See Similar DealsRetail15,785 SF
Sold 02/19/2020
SOLD
Corporate Partners Capital Group Acquires Retail Property In Boca Raton From Walgreens
21880 S State Rd 7, Miami Gardens, FL, USA
See Similar DealsRetail15,785 SF
Sold 02/19/2020
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$579
Total Square Footage:15,785 SF
Transaction Type:Sale
Located at 21880 South State Rd 7 in Boca Raton, this retail property was recently sold in a closed transaction. The property spans 15,785 square feet and was sold at a price of $579 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Corporate Partners Capital Group - Howard Sands, Scott Tracy & Kenton Wright
- Seller: Walgreens
- Address: 21880 South State Rd 7, Boca Raton
- Market: Boca Raton
- Asset Type: Retail
The buyer in this transaction was Corporate Partners Capital Group, represented by Howard Sands, Scott Tracy, and Kenton Wright. The seller was Walgreens. The property was sold on 19th February 2020.
Players
SELLER
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$487,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,508.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,375.67
Annual Debt Service$520,508.02
Is there something missing? Send suggestions