Yasin Saad Of Saad Investment Corp Sells Industrial Asset At 10889 Crossroads Commerce Blvd For $22.1M
10889 Crossroads Commerce Blvd
$22,100,000
$193/SF
Building Size
114,000 SF
Asset Type
Industrial
Closing
Aug 11, 2025
AI
The property asset sold is an industrial facility located at 10889 Crossroads Commerce Blvd in the Tampa market, encompassing 114,000 square feet. The sale was concluded for a price of $22,100,000, translating to a price per square foot of $193.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $22,100,000
- Address: 10889 Crossroads Commerce Blvd
- Market: Tampa
- Square Footage: 114,000
- Price Per Square Foot: $193
- Seller: Yasin Saad - Saad Investment Corp
- Brokers: Jose Sasson Lerner, Eli Sasson Bril & Roberto Susi - AXIOM Capital Advisors
The transaction involved notable figures including Yasin Saad representing Saad Investment Corp as the seller and brokers Jose Sasson Lerner, Eli Sasson Bril, and Roberto Susi from AXIOM Capital Advisors facilitating the deal. The brokers emphasize their specialization in sourcing and facilitating off-market transactions for clients.
Players
Tampa Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93