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3901 Northeast 12th Avenue

CBRE's Larry Genet, Tom O'Loughlin & Michael Oretsky Lease 40,000 SF Industrial Space In Pompano Beach
LEASEDIndustrial

CBRE's Larry Genet, Tom O'Loughlin & Michael Oretsky Lease 40,000 SF Industrial Space In Pompano Beach

3901 Northeast 12th Avenue

$17

$17/SF

Building Size

40,000 SF

Asset Type

Industrial

Closing

Jul 13, 2026

AI

The asset involved in this transaction is an industrial property located at 3901 Northeast 12th Avenue in Pompano Beach. The property encompasses a total area of 40,000 square feet and is under a NNN lease agreement with an asking rent of $17.50 per square foot.

Summary of transaction details:

This closed deal was successfully facilitated by the South Florida Industrial Real Estate Team, highlighting the collaborative effort of the representatives involved from CBRE. Congratulations were extended to all participants in finalizing this transaction.

Players

Larry Genet

CBRE

Broker

$454.4M

vol

61 deals

Broker

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