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

Property Image
SOLD
$4,700,000
Tom O'Loughlin
Larry Genet
+ 2

Florida

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Industrial2,560 SF
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Property Image
SOLD

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

1911 Northwest 15th Street

See Similar Deals
Industrial2,560 SF
Sold
Tom O'Loughlin
Larry Genet
+ 2
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1835
Total Square Footage:2560 SF
Transaction Type:Sale

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
54 deals$378.9M volume(305) 807-0004
BROKER

Tom O'Loughlin
CBRE
53 deals$774.6M volume(954) 817-3919
BROKER

Michael Oretsky
CBRE
20 deals$57.3M volume(954) 331-1749
BROKER

Paul Siciliano
CBRE
4 deals$34.7M volume
BROKER

CBRE
BROKERAGE



Details

SOLD
IMAGE: Michael Oretsky, Chris Segrest, Tom O'Loughlin, Sean Dalfen, Larry Genet, Tyler McElroy & Paul Siciliano DATE: 09/17/2025 ADDRESS: 1911 Northwest 15th Street MARKET: Pompano Beach ASSET TYPE: Industrial BUYER: Sean Dalfen, Tyler McElroy & Chris Segrest - Dalfen Industrial SELLER: Gary Willis BUYER'S REP: Larry Genet (@LarryGenet), Tom O'Loughlin (@OLoughlin.Tom), Michael Oretsky (@M_Oretsky22) & Paul Siciliano (@Paul_Siciliano) - CBRE (@CBRE) SALE PRICE: $4,700,000 SF: 2,560 ~ PPSF: $1,835 NOTE FROM BUYER'S REP: We are excited to announce the sale of a 2.34-acre site in Pompano Beach, FL. Our team represented , the Buyer. This is our second closing with Dalfen in as many months. The site is now available for lease with our team. We have 2.34 acres of parking or storage yard and 2,560 SF of building. We already have strong leasing activity, so if you have a tenant, don't wait—bring them now!

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

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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
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