Erin Leeds Acquires Industrial Asset In Pompano Beach For $2.3M With Buyer’s Rep Silvana Benitez
1930 Northwest 16th Street
$2,300,000
$447/SF
Building Size
5,136 SF
Asset Type
Industrial
Closing
Mar 24, 2026
AI
The property asset involved in this transaction is located at 1930 Northwest 16th Street in Pompano Beach, classified as an Industrial type. The sale was completed for a total of $2,300,000, encompassing a total square footage of 5,136, resulting in a price per square foot of $447.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,300,000
- Address: 1930 Northwest 16th Street
- Market: Pompano Beach
- Square Footage: 5,136
- Price Per Square Foot: $447
- Buyer: Erin Leeds
- Seller: Lirim Jacobi
- Buyer's Representative: Silvana Benitez - LRM Commercial Real Estate Advisors
- Seller's Representative: Sara Ringold - Sutter & Nugent
This transaction highlights the roles of the key individuals involved, with Silvana Benitez representing the buyer Erin Leeds and Sara Ringold representing the seller Lirim Jacobi. Their respective agencies played a crucial part in facilitating this industrial property 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93