Worth Property Group Brokers Handle $6.7M Retail Sale In Boca Raton
233 Federal Highway
$6,700,000
$1,185/SF
Building Size
5,650 SF
Asset Type
Retail
Closing
Sep 9, 2022
AI
Located at 233 S Federal Hwy in Boca Raton, this retail property was recently sold in a closed transaction. The property spans 5,650 square feet and was sold for a total price of $6,700,000. With a price per square foot (PPSF) of $1,186, this transaction represents a significant investment in the Boca Raton market.
Summary of transaction details
- Property Type: Retail
- Sale Price: $6,700,000
- Square Footage: 5,650
- Price Per Square Foot (PPSF): $1,186
- Address: 233 S Federal Hwy, Boca Raton
- Market: Boca Raton
The deal was facilitated by Jill Pescatore and Lauren Curcio from Worth Property Group. As the representatives for both the buyer and seller, they played a crucial role in ensuring a successful transaction. Their expertise in the Boca Raton market contributed to the favorable outcome of this deal.
Players
Kuala Lumpur Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93