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1601 Southwest 10th Street

Dave Polichena Leases Industrial Space At 1601 Southwest 10th Street In Delray Beach
LEASEDIndustrial

Dave Polichena Leases Industrial Space At 1601 Southwest 10th Street In Delray Beach

1601 Southwest 10th Street

$21

$21/SF

Building Size

5,451 SF

Asset Type

Industrial

Closing

Nov 2, 2025

AI

The property asset involved in this transaction is located at 1601 Southwest 10th Street, Delray Beach. It is categorized as an industrial asset with a total square footage of 5,451. The lease type is specified as a NNN Lease, with an asking rent of $21 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 1601 Southwest 10th Street
  • Market: Delray Beach
  • Landlord: Ali & Mike Sweid
  • Tenant: Dave Polichena
  • Tenant's Representative: Alan Grobman - eXp Commercial
  • Lease Type: NNN Lease
  • Asking Rent: $21/ft
  • Square Footage: 5,451

Alan Grobman of eXp Commercial represented the tenant in the successful negotiation of the full-premises lease and business asset purchase at the specified location. He specializes in land and building sales in South Florida and can be contacted at 954.320.6702. The representation aimed to ensure the successful continuation of operations for the A&H Automotive team.

Players

Alan Grobman

Exp Commercial

Broker

$3.8M

vol

2 deals

Broker
Exp Commercial
Exp CommercialBrokerage

Delray Beach Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

755380.95%

Cash-on-Cash

-215890.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93