Yuval Jacob Buys Retail Property In Deerfield Beach For $7.9M
SOLD
$7,900,000
Florida
See Similar DealsRetail7,484 SF
Sold 05/22/2024
SOLD
Yuval Jacob Buys Retail Property In Deerfield Beach For $7.9M
3311 West Hillsboro Boulevard
See Similar DealsRetail7,484 SF
Sold 05/22/2024
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,055
Total Square Footage:7,484 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$421,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,067.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,450.03
Annual Debt Service$449,400.36
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