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Paul Naymar Acquires 2.2 Acres Industrial Property In Pompano Beach From Richard Previdi

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SOLD

Florida

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Industrial41,739 SF
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Paul Naymar Acquires 2.2 Acres Industrial Property In Pompano Beach From Richard Previdi

2700 Gateway Drive

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Industrial41,739 SF
Sold
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Summary

FLORIDA
Asset Type:Industrial
Total Square Footage:41739 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 2700 Gateway Drive in Pompano Beach, FL. This property spans 41,739 square feet and encompasses a total of 2.2 acres. The terms of the transaction have not been specified regarding the price or value.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2700 Gateway Drive
  • Market: Pompano Beach
  • Square Footage: 41,739
  • Acres: 2.2
  • Buyer: Paul Naymar
  • Seller: Richard Previdi
  • Brokers: Larry Genet, Tom O'Loughlin & Michael Oretsky - CBRE

The brokers involved in this transaction are Larry Genet, Tom O'Loughlin, and Michael Oretsky from CBRE. They have confirmed the successful sale of the property, representing both the buyer and the seller in this closed transaction.

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

CBRE
BROKERAGE

Details

SOLD
IMAGE: Michael Oretsky, Tom O'Loughlin & Larry Genet DATE: 08/21/2025 ADDRESS: 2700 Gateway Drive MARKET: Pompano Beach ASSET TYPE: Industrial ~ SF: 41,739 ~ ACRES: 2.2 BUYER: Paul Naymar SELLER: Richard Previdi BROKERS: Larry Genet (@LarryGenet), Tom O'Loughlin (@OLoughlin.Tom) & Michael Oretsky (@M_Oretsky22) - CBRE (@CBRE) NOTE FROM BROKER: The CBRE team of Larry Genet, Tom O'Loughlin, and Michael Oretsky are pleased to announce the sale of 2.2 acres in Pompano Beach, FL.

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

$210,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,725.02
Annual Debt Service$224,700.18