Daniel Schuchinsky Of Jadian IOS Acquires Industrial Asset From Gary Arkin For $7.985M
1455 Southwest 4th Avenue
$7,985,000
$375/SF
Building Size
21,240 SF
Asset Type
Industrial
Closing
Mar 1, 2026
AI
The property involved in this transaction is an industrial asset located at 1455 Southwest 4th Avenue in Delray Beach. The sale price for this asset was $7,985,000, with a square footage of 21,240 and a price per square foot of $375.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,985,000
- Address: 1455 Southwest 4th Avenue
- Market: Delray Beach
- Square Footage: 21,240
- Price Per Square Foot: $375
- Buyer: Daniel Schuchinsky - Jadian IOS
- Seller: Gary Arkin
- Broker Representatives: Santiago Acevedo & Rich DeGirolamo - Compass
Daniel Schuchinsky represented Jadian IOS in the acquisition of this industrial property, while Gary Arkin was the seller. The transaction was brokered by Santiago Acevedo and Rich DeGirolamo of Compass, who specialize in exclusive off-market property transactions.
Players
Delray 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
1.99%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93