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3250 Park Central Boulevard...

Hamid R. Moghadam Leases Industrial Space At 3250 Park Central Boulevard North In Pompano Beach
LEASEDIndustrial

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

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.

Players

Larry Genet

CBRE

Broker

$436M

vol

57 deals

Broker
CBRE
CBREBrokerage

Hamid R. Moghadam

Landlord

$377.2M

vol

6 deals

Landlord

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