Yuval Jacob Buys Retail Property In Deerfield Beach For $7.9M
3311 West Hillsboro Boulevard
$7,900,000
$1,055/SF
Building Size
7,484 SF
Asset Type
Retail
Closing
May 22, 2024
About this deal
AI
The retail property located at 3311 West Hillsboro Boulevard in Deerfield Beach was successfully transacted for $7,900,000. The asset spans 7,484 square feet, equating to a price per square foot of $1,056.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,900,000
- Buyer: Yuval Jacob
- Seller: Marcos Puente, Evan Mouhalis, Ryan Mouhalis & Shai Wolkowicki
- Broker: Scott Sandelin - Marcus & Millichap
The sale of this retail property involved key individuals including Yuval Jacob as the buyer, and Marcos Puente, Evan Mouhalis, Ryan Mouhalis, and Shai Wolkowicki as the sellers. Facilitating the transaction was Scott Sandelin from Marcus & Millichap.
On the Map
$7,900,000
$1,055/SF
Retail
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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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93