Updated Dec 2, 2025
Hamid R. Moghadam Leases Industrial Space At 3250 Park Central Boulevard North In Pompano Beach
3250 Park Central Boulevard North
$17
$17/SF
Building Size
41,185 SF
Asset Type
Industrial
Closing
Nov 6, 2025
About this deal
AI
This industrial asset located at 3250 Park Central Boulevard North in Pompano Beach encompasses a total area of 41,185 square feet and has an asking rent of $17 per square foot. The lease type is classified as a NNN Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $17/ft
- Square Footage: 41,185
- Address: 3250 Park Central Boulevard North
- Market: Pompano Beach
- Landlord: Hamid R. Moghadam
- Landlord's Representatives: Larry Genet, Michael Oretsky, Tom O'Loughlin - CBRE
- Tenant's Representative: Joey Woodman - Foundry Commercial
- Lease Type: NNN Lease
The deal was facilitated by the teamwork of the representatives, with special acknowledgment to Joey Woodman for bringing the tenant to this transaction. The landlord's representatives from CBRE played a significant role in successfully finalizing the lease.
On the Map
$17
$17/SF
Industrial
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Players
Pompano 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
933117.65%
Cash-on-Cash
-266687.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93