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Ovy Anghel Of APEX Capital Realty Represents Buyer In $52 Million Industrial Sale In Pompano Beach

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SOLD

Florida

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Industrial336,852 SF
Sold 04/16/2026
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SOLD

Ovy Anghel Of APEX Capital Realty Represents Buyer In $52 Million Industrial Sale In Pompano Beach

1571 South Powerline Road

See Similar Deals
Industrial336,852 SF
Sold 04/16/2026
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Summary

FLORIDA
Asset Type:Industrial
Total Square Footage:336,852 SF
Transaction Type:Sale

The property involved in the transaction is located at 1571 South Powerline Road in Pompano Beach. It is an industrial asset encompassing 336,852 square feet situated on 7 acres. The transaction amount is $52,000,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $52,000,000
  • Address: 1571 South Powerline Road
  • Market: Pompano Beach
  • Asset Size: 336,852 SF
  • Acres: 7
  • Buyer's Representative: Ovy Anghel - APEX Capital Realty

Ovy Anghel represented the buyer in this transaction. The opportunity was sourced off-market through a strong working relationship with the seller's team, and the asset was identified as a good match for the buyer’s acquisition criteria. The collaboration led to a constructive dialogue between the buyer and seller, facilitating a smooth closure of the deal.

Players

Ovy Anghel
5 deals$135.6M volume(305) 587-8828
BROKER

Details

SOLD
IMAGE: Ovy Anghel DATE: 04/21/2026 ADDRESS: 1571 South Powerline Road MARKET: Pompano Beach ASSET TYPE: Industrial ~ SF: 336,852 ~ ACRES: 7 BUYER'S REP: Ovy Anghel (@OvyAnghelrealestate) - APEX Capital Realty (@APEXCapitalRealty) $52,000,000 NOTE FROM BUYER'S REP: "This opportunity was sourced off-market through a strong working relationship with the Seller's team. From the outset, we recognized that the asset aligned well with the Buyer's acquisition criteria. The collaboration between the Buyer and Seller was highly constructive, which ultimately allowed us to bring the deal to a smooth and successful close."

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$184,745.03
Cash-on-Cash Return-1.27%
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