Updated Feb 5, 2025
Barclays Bank Provides $14M Loan For Industrial Property In Pompano Beach, Florida
1301 West Copans Road, Pompano Beach, FL, USA
$14,000,000
$504/SF
Building Size
27,770 SF
Asset Type
Industrial
Closing
Jun 24, 2021
About this deal
AI
The property involved in this transaction is an industrial asset located at 1301 West Copans Road in Pompano Beach, Florida. The transaction took place on June 25, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $14,000,000
- Address: 1301 West Copans Road, Pompano Beach, Florida
- Market: Pompano Beach, Florida
The lender for this transaction was Barclays Bank. The brokers representing the deal were Richard Horowitz and Justin Horowitz from Cooper Horowitz LLC.
The industrial loan at 1301 West Copans Road, Pompano Beach, FL, USA in Pompano Beach, Florida financed for $14M in 2021. The building is 27,770 square feet, implying about 504 per square foot on the published price. Richard Horowitz, Justin Horowitz, Cooper Horowitz appear on the loan alongside Cooper Horowitz. This page is the Pompano Beach, Florida file for the 1301 West Copans Road, Pompano Beach, FL, USA industrial financed: pricing, party profiles, and other closed industrial comps from the same Pompano Beach sit in the Market section below. Filter that Pompano Beach industrial set by closing date to see what else financed near 1301 West Copans Road, Pompano Beach, FL, USA around 2021. Published consideration for 1301 West Copans Road, Pompano Beach, FL, USA is $14M, dated 2021. Cite this Barclays Bank Provides $14M Loan For Industrial Property In Pompano Beach, Florida loan when underwriting similar industrial product around Pompano Beach, Florida.
Players
Pompano Beach Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93