Barry J. Haskell Acquires Store In West Palm Beach For $8.9M
5300 45th Street, West Palm Beach, Florida 33407, United States
$8,889,750
$1,481/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Jun 23, 2022
About this deal
AI
The store located at 5300 45th St in West Palm Beach, FL has been sold in a recent transaction. The property, spanning 6,000 square feet, was sold for a total price of $8,889,750, resulting in a price per square foot of $1,481.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $8,889,750
- Address: 5300 45th St, West Palm Beach, FL
- Market: West Palm Beach, FL
- Buyer: Barry J. Haskell
- Seller: M. Dan Creighton
- Square Footage: 6,000
- Price Per Square Foot: $1,481
The buyer of the property is Barry J. Haskell, while the seller is M. Dan Creighton. Both individuals played key roles in the transaction as the buyer and the seller, respectively.
Players
West Palm 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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93