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1220 Northwest 23rd Avenue

Keith Rozolis Of ABC Supply Acquires Industrial Property From Kyle Grant For $2.9M
SOLDIndustrial

Keith Rozolis Of ABC Supply Acquires Industrial Property From Kyle Grant For $2.9M

1220 Northwest 23rd Avenue

$2,900,000

$362/SF

Building Size

8,000 SF

Asset Type

Industrial

Closing

Apr 6, 2026

AI

The asset involved in this transaction is an industrial property located at 1220 Northwest 23rd Avenue in the Fort Lauderdale market. The sale was completed for a total price of $2,900,000, encompassing a total area of 8,000 square feet. The price per square foot is $362, and the price per acre stands at $4,202,898.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,900,000
  • Buyer: Keith Rozolis - ABC Supply
  • Seller: Kyle Grant - Venture One Real Estate
  • Seller's Representative: Santiago Acevedo - Compass
  • Square Footage: 8,000
  • Price per Square Foot: $362
  • Price per Acre: $4,202,898

Keit Rozolis represented ABC Supply in the acquisition of the property, while Kyle Grant was the seller, representing Venture One Real Estate. The transaction was facilitated by Santiago Acevedo from Compass, who served as the seller's representative throughout the deal.

Players

Santiago Acevedo

Compass

Broker

$63M

vol

12 deals

Broker
ABC Supply
ABC SupplyBuyer
Venture One Real Estate
Venture One Real EstateSeller

Fort Lauderdale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93