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1800 SW 13th Ct, Pompano Be...

JFC International Inc Leases 87000 Square Feet At 1800 SW 13th Ct Pompano Beach
LEASEDIndustrial

JFC International Inc Leases 87000 Square Feet At 1800 SW 13th Ct Pompano Beach

1800 SW 13th Ct, Pompano Beach, FL...

Building Size

87,000 SF

Asset Type

Industrial

Closing

Jan 13, 2022

AI

The property asset involved in the transaction is located at 1800 SW 13th Ct, Pompano Beach, FL, and encompasses a total of 87,000 square feet. It falls within the Pompano Beach market and is part of Link Logistics Real Estate's industrial portfolio.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: JFC International Inc
  • Landlord: Link Logistics Real Estate
  • Landlord's Representatives: Merritt Etner-Cushman & Wakefield, Christopher Thomson-Cushman & Wakefield
  • Broker: Christopher "Chris" Metzger-Cushman & Wakefield
  • Square Feet: 87,000

Cypress Pointe Distribution Center is the facility signed for lease by JFC International Inc, which will move its operations from its previous location at 1728 Park Central Blvd. S. This lease is part of a larger deal involving two tenants occupying the newly constructed distribution center that totals 153,495 square feet, achieving full occupancy.

Players

Christopher Metzger

Cushman & Wakefield

Broker

$160.4M

vol

26 deals

Broker
Link Logistics Real Estate
Link Logistics Real EstateBrokerage
Link Logistics Real Estate
Link Logistics Real EstateLandlord

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93