Dovid Rendler Purchases Industrial Property From Lisa Friedkin In Pompano Beach For $3.99M
2800 Gateway Drive
$3,999,000
$105/SF
Building Size
38,000 SF
Asset Type
Industrial
Closing
Apr 24, 2025
AI
The property asset involved in this transaction is an industrial property located at 2800 Gateway Drive in Pompano Beach. The sale price was $3,999,000, covering a total area of 38,000 square feet, which equates to a price per square foot of $105.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,999,000
- Address: 2800 Gateway Drive
- Market: Pompano Beach
- Buyer: Dovid Rendler
- Seller: Lisa Friedkin
- Broker: Jordan Beck - Berger Commercial Realty
This transaction featured broker Jordan Beck representing the interests of the seller, Lisa Friedkin, while Dovid Rendler acted as the buyer in the deal. The closing took place on April 25, 2025.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93