Imperium Capital Acquires Industrial Property In Pompano Beach For $6.5M
1750 N Powerline Rd, Pompano Beach, Florida 33069, United States
$6,500,000
$1,135/SF
Building Size
5,723 SF
Asset Type
Industrial
Closing
Feb 13, 2022
AI
The property asset involved in this transaction is an industrial asset located at 1750 N Powerline Road in Pompano Beach. The sale price of the property was $6,500,000 and it encompasses 4.75 acres, which equates to a price per acre of $1,368.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Address: 1750 N Powerline Road
- Market: Pompano Beach
- Acres: 4.75
- Price Per Acre: $1,368
- Buyer: Imperium Capital - Daniel Glaser & Sam Schneider
- Seller: Louise Lewend
- Sale Date: 02/14/2022
The transaction was conducted with Daniel Glaser and Sam Schneider representing the buyer, Imperium Capital. Louise Lewend was the seller of the property in this deal.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93