Updated Jul 29, 2025
Jason Rubin Of Rubin Real Estate Groups Acquires Industrial Asset In Pompano Beach For $6M
1661 North Dixie Highway
$6,000,000
$315/SF
Building Size
19,000 SF
Asset Type
Industrial
Closing
Jul 23, 2025
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 1661 North Dixie Highway in Pompano Beach. The sale price for this property was $6,000,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Buyer: Jason Rubin - Rubin Real Estate Groups
- Seller: Bill Murphy
- Broker: Jordan Beck - Berger Commercial Realty
This deal represents the fifth transaction between Berger Commercial Realty and Rubin Real Estate Groups, totaling just over 150,000 square feet and $30 million in total consideration. The personal relationship between the parties involved has grown significantly throughout these transactions.
On the Map
$6,000,000
$315/SF
Industrial
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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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93