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1911 Northwest 15th Street

Dalfen Industrial Acquires Industrial Property In Pompano Beach For $4.7M With CBRE As Buyer's Rep
SOLDIndustrial

Dalfen Industrial Acquires Industrial Property In Pompano Beach For $4.7M With CBRE As Buyer's Rep

1911 Northwest 15th Street

$4,700,000

$1,835/SF

Building Size

2,560 SF

Asset Type

Industrial

Closing

Sep 16, 2025

AI

The transaction involves an industrial asset located at 1911 Northwest 15th Street in Pompano Beach, with a sale price of $4,700,000. The property encompasses 2.34 acres of land, including a building of 2,560 square feet. The price per square foot is $1,835.

Summary of transaction details:

The buyer's representatives, Larry Genet, Tom O'Loughlin, Michael Oretsky, and Paul Siciliano from CBRE, expressed excitement over the sale, noting that it marks their second closing with Dalfen in two months. The site is positioned for lease, featuring both parking or storage yard space and a building, with strong leasing activity already evident.

Players

Larry Genet

CBRE

Broker

$436M

vol

57 deals

Broker
CBRE
CBREBrokerage

Sean Dalfen

Dalfen Industrial

Buyer

$1.6B

vol

18 deals

Buyer
Dalfen Industrial
Dalfen IndustrialBuyer

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93