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
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