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1410 Southwest 3rd Street, ...

Scott Daiagi Acquires Pompano Beach Warehouse For $4.5M
SOLDIndustrial

Scott Daiagi Acquires Pompano Beach Warehouse For $4.5M

1410 Southwest 3rd Street, Pompano Beach, Florida 33069, United States

$4,500,000

$167/SF

Building Size

26,937 SF

Asset Type

Industrial

Closing

Feb 24, 2022

AI

The warehouse located at 1410 SW 3rd St in Pompano Beach, FL was recently sold in a transaction that took place on February 25, 2022. The property spans 26,937 square feet and was sold at a price of $4,500,000, resulting in a price per square foot of $167.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $4,500,000
  • Address: 1410 SW 3rd St, Pompano Beach, FL
  • Square Footage: 26,937
  • Price Per Square Foot: $167

The buyer of the warehouse is Scott Daiagi, while the sellers are Frank Ferrer and Louis Selesnick. They were represented in the transaction by their respective broker representatives.

Players

Scott Daiagi

Buyer

$61.1M

vol

5 deals

Buyer

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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93