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1290 Northwest 15th Street,...

Updated Dec 20, 2023

Scott Daigai Acquires Pompano Beach Warehouse For $6.35M
SOLDIndustrial

Scott Daigai Acquires Pompano Beach Warehouse For $6.35M

1290 Northwest 15th Street, Pompano Beach, Florida 33069, United States

$6,350,000

$1,270/SF

Building Size

5,000 SF

Asset Type

Industrial

Closing

May 11, 2022

About this deal

AI

A warehouse located at 1290 NW 15th St in Pompano Beach, FL was sold on 05/12/2022. The property, spanning 5,000 square feet, was sold for a total price of $6,350,000, resulting in a price per square foot of $1,270.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $6,350,000
  • Address: 1290 NW 15th St, Pompano Beach, FL
  • Market: Pompano Beach, FL

The buyer of the warehouse property was Scott Daigai, while the sellers were Christopher Rustman and Howard B. Revelle.

Players

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $6.4M for 5,000 square feet (2022).

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.50%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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