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YFP, LLC Acquires Boynton Beach Retail Property For $9.5M

Property Image
SOLD
$9,500,000
Sam Young
Alan Lipsky
Eric Williams
+ 2

Florida

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Retail52,152 SF
Sold 05/03/2022
the dealplayerscompscontact
Property Image
SOLD

YFP, LLC Acquires Boynton Beach Retail Property For $9.5M

6405 West Boynton Beach Boulevard, Boynton Beach, Florida 33437, United States

See Similar Deals
Retail52,152 SF
Sold 05/03/2022
Sam Young
Alan Lipsky
Eric Williams
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$182
Total Square Footage:52,152 SF
Transaction Type:Sale

The retail property located at 6405 W. Boynton Beach Blvd in Boynton Beach has been sold for $9,500,000. The transaction took place on 05/03/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $9,500,000
  • Address: 6405 W. Boynton Beach Blvd
  • Market: Boynton Beach
  • Square Footage: 70,000
  • Price per Square Foot: $136

The buyer of the property is YFP, LLC, while the sellers are PEBB Enterprises represented by Ian Weiner and Banyan Development represented by Jason Sher. Sam Young from Atlantic Retail acted as the buyer's representative, and Barry Wolfe and Alan Lipsky from Marcus & Millichap represented the sellers in the transaction.

Please note that no additional information was provided regarding the property asset or the deal's key individuals and companies.

Players

Barry Wolfe
Marcus & Millichap
Barry Wolfe
16 deals$118.5M volume(954) 245-3400
BROKER
Danny Finkle
JLL
Danny Finkle
57 deals$3.9B volume
BROKER
Eric Williams
Newmark
Eric Williams
52 deals$2.8B volume
BROKER
Alan Lipsky
Marcus & Millichap
Alan Lipsky
13 deals$75.8M volume
BROKER
Sam Young
Atlantic Retail
Sam Young
3 deals$20.9M volume
BROKER

Details

SOLD
IMAGE: Alan Lipsky, Ian Weiner, Sam Young & Barry Wolfe DATE: 05/03/2022 ADDRESS: 6405 W. Boynton Beach Blvd MARKET: Boynton Beach ASSET TYPE: Retail BUYER: YFP, LLC SELLER: PEBB Enterprises - Ian Weiner & Banyan Development - Jason Sher BUYER'S REP: Sam Young - Atlantic Retail SELLER'S REP: Barry Wolfe (@BarryWolfe_CRE) & Alan Lipsky - Marcus & Millichap SALE PRICE: $9,500,000 SF: 70,000 ~ PPSF: $136

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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