Clay Hamlin Of Alliance HP Investments Acquires Industrial Building In Pompano Beach For $8.65M
1290 Southwest 30th Avenue
$8,650,000
$192/SF
Building Size
45,000 SF
Asset Type
Industrial
Closing
Jul 31, 2025
AI
An industrial building located at 1290 Southwest 30th Avenue in Pompano Beach has been sold for $8,650,000. The property spans 45,000 square feet and has a price per square foot of $192.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,650,000
- Square Footage: 45,000
- Address: 1290 Southwest 30th Avenue
- Market: Pompano Beach
- Buyer: Clay Hamlin - Alliance HP Investments
- Brokers: Greg Milopoulos & Christian Baena - Lee & Associates
Greg Milopoulos and Christian Baena from Lee & Associates facilitated the sale, while also securing a full-building lease with East Coast Cabinetry. The tenant was able to take early occupancy during due diligence to address urgent relocation needs, ensuring the transaction proceeded efficiently.
Players
Pompano Beach 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
1.83%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93