John T, Jr. Connelly Of LEKOJ Inc Leases Industrial Space To Perfect Pavers In Pompano Beach
3111 West Mcnab Road
$21
$21/SF
Building Size
8,346 SF
Asset Type
Industrial
Closing
Jan 12, 2026
AI
The property asset involved in this transaction is an industrial space located at 3111 West Mcnab Road, Pompano Beach. With a lease asking rent of $21.50 per square foot, the total area of the property is 8,346 square feet. The lease term is for 4 years, structured as a NNN Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $21.50/ft
- Address: 3111 West Mcnab Road
- Market: Pompano Beach
- Landlord: John T, Jr. Connelly - LEKOJ Inc
- Tenant: Perfect Pavers
- Landlord's Representative: Howie Jakobi - Florida Realty Fusion Corp; John Connolly - SVN | Commercial Partners - Boca Raton, FL
- Lease Term: 4 years
- Lease Type: NNN Lease
- Square Footage: 8,346 SF
Key individuals involved in this deal include landlord John T, Jr. Connelly, who represents LEKOJ Inc, and tenant Perfect Pavers. The landlord's representatives are Howie Jakobi from Florida Realty Fusion Corp and John Connolly from SVN | Commercial Partners, located in Boca Raton, FL. Additionally, the property benefits from its Light Industrial zoning, making it suitable for various service-based businesses, distribution, light manufacturing, or general warehousing.
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
755380.95%
Cash-on-Cash
-215890.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93