Alberto Lensi Acquires Retail Property In Boynton Beach For $6.45M
6555 West Boynton Beach Boulevard, Boynton Beach, Florida 33437, United States
$6,450,000
$1,925/SF
Building Size
3,350 SF
Asset Type
Retail
Closing
Jun 7, 2022
AI
Alberto Lensi has purchased a retail property located at 6555 W. Boynton Beach Blvd in Boynton Beach. The property, with a total area of 3,350 square feet, was sold for a price of $6,450,000, resulting in a price per square foot of $1,925. The transaction took place on June 8, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,450,000
- Address: 6555 W. Boynton Beach Blvd, Boynton Beach
- Market: Boynton Beach
- Buyer: Alberto Lensi
- Brokers: Greg Matus, Adam J. Tiktin, Jonathan de Maa, and Alex Lazo - Florida Investment Sales Team - Franklin Street
The sale was facilitated by the Florida Investment Sales Team from Franklin Street, represented by Greg Matus, Adam J. Tiktin, Jonathan de Maa, and Alex Lazo. The transaction marks a significant investment for Alberto Lensi.
Players
Boynton 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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93