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2930 10th Avenue North

Tim Horowitz Acquires Retail Property In Lake Worth From Aaron Baum For $3,017,241
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Tim Horowitz Acquires Retail Property In Lake Worth From Aaron Baum For $3,017,241

2930 10th Avenue North

$3,017,241

$446/SF

Building Size

6,762 SF

Asset Type

Retail

Closing

Jan 29, 2026

AI

The property asset involved in this transaction is a retail space located at 2930 10th Avenue North within the Lake Worth market. The sale price for this asset was $3,017,241, and it encompasses a total square footage of 6,762, resulting in a price per square foot of $446.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,017,241
  • Buyer: Tim Horowitz
  • Seller: Aaron Baum
  • Buyer & Seller's Representative: Michael Scali - SAB Capital
  • Seller's Representative: Aaron Baum - Baum Family Investments
  • Date of Transaction: 01/30/2026

This transaction highlights the engagement of key individuals and firms. Tim Horowitz emerged as the buyer, while Aaron Baum was the seller. The representatives involved include Michael Scali, acting on behalf of both the buyer and the seller, and Aaron Baum, who represented himself in this deal through Baum Family Investments.

Players

Michael Scali

SAB Capital

Broker

$3M

vol

1 deal

Broker
Aaron Baum

Aaron Baum

Baum Family Investments

Seller

$7.4M

vol

3 deals

Seller

Palm Springs 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

5.26%

Cash-on-Cash

-1.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93