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Catalyst IOS Purchases Industrial Property From Precast Wall Systems For $4.7 Million

Property Image
SOLD
$4,700,000
Jose Sasson Lerner
Roberto Susi
+ 1

Florida

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Industrial9,964 SF
Sold 05/28/2025
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Property Image
SOLD

Catalyst IOS Purchases Industrial Property From Precast Wall Systems For $4.7 Million

1858 Northwest 22nd Court

See Similar Deals
Industrial9,964 SF
Sold 05/28/2025
Jose Sasson Lerner
Roberto Susi
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$471
Total Square Footage:9,964 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 1858 Northwest 22nd Court in Pompano Beach. This industrial asset was sold for $4,700,000 and spans 74,276 square feet, sitting on 1.7 acres of land. The price per square foot is $63.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,700,000
  • Address: 1858 Northwest 22nd Court
  • Market: Pompano Beach
  • Land Square Footage: 74,276
  • Price Per Land Square Foot: $63
  • Acres: 1.7
  • Buyer: Catalyst IOS
  • Seller: Precast Wall Systems
  • Buyer's Representative: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
  • Seller's Representative: Santiago Acevedo & Rich DeGirolamo - Compass

The deal involved key representatives from both sides, with the buyer, Catalyst IOS, represented by Jose Sasson Lerner and Roberto Susi from AXIOM Capital Advisors. On the seller's side, Precast Wall Systems was represented by Santiago Acevedo and Rich DeGirolamo from Compass.

Players

Jose Sasson Lerner
75 deals$827.5M volume(786) 393-8089
BROKER

Roberto Susi
AXIOM Capital Advisors
69 deals$870.7M volume
BROKER

Santiago Acevedo
Compass
12 deals$63M volume(954) 652-9911
BROKER

Rich DeGirolamo
Compass
8 deals$47.6M volume(215) 680-2266
BROKER

Details

SOLD
IMAGE: Roberto Susi, Jose Sasson Lerner, Santiago Acevedo & Rich DeGirolamo DATE: 5/28/2025 ADDRESS: 1858 Northwest 22nd Court MARKET: Pompano Beach ASSET TYPE: Industrial BUYER: Catalyst IOS SELLER: Precast Wall Systems BUYER'S REP: Jose Sasson Lerner & Roberto Susi (@RSusi29) - AXIOM Capital Advisors SELLER'S REP: Santiago Acevedo (@SantiagoAceved.o) & Rich DeGirolamo - Compass (@Compass) SALE PRICE: $4,700,000 LAND SF: 74,276 ~ PPLSF: $63 ACRES: 1.7

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$250,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77