Michael Saba Jr. & Michael Saba Sr. Acquire Retail Property In North Palm Beach For $6.3M | 420 US-1 | David Donnellan | Retail | Sale

Summary

Sale

FLORIDA

Retail

24,095 sqft

The retail property located at 420 US-1 in North Palm Beach has been sold for a price of $6,300,000. The transaction took place on June 22, 2022, and the property spans a total of 24,095 square feet. The sale price per square foot comes out to be $261. The property is a part of the market in North Palm Beach, making it a valuable asset in the retail sector.

Summary of transaction details

Property Type: Retail
Transaction Amount: $6,300,000
Address: 420 US-1, North Palm Beach
Market: North Palm Beach

Michael Saba Jr. and Michael Saba Sr. have purchased the property from ICV NPB, represented by Paul Sprayregen. The buyer's representative in this transaction was David Donnellan from CBRE. The involvement of these key individuals and companies played a crucial role in the deal.

Players

All
2

Agents
1
Agencies
1

David Donnellan

Senior Vice President

$123.9M Sold

Details

Deal Summary

SOLD

IMAGE: Michael Saba Sr. & Michael Saba Jr. DATE: 06/22/2022 ADDRESS: 420 US-1 MARKET: North Palm Beach ASSET TYPE: Retail BUYER: Michael Saba Jr. (@Rexles) & Michael Saba Sr. (@MichaelSabaSr) SELLER: ICV NPB - Paul Sprayregen BROKER: David Donnellan - CBRE (@CBRE) (@CBRE_Florida) SALE PRICE: $6,300,000 SF: 24,095 ~ PPSF: $261

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Address420 US-1

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