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Albert Decespedes Purchases Industrial Asset From Gregory P. Lymber For $2.59M In Pompano Beach

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SOLD
$2,590,000

Florida

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Industrial8,396 SF
Sold 06/13/2025
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SOLD

Albert Decespedes Purchases Industrial Asset From Gregory P. Lymber For $2.59M In Pompano Beach

2801 Northwest 22nd Terrace

See Similar Deals
Industrial8,396 SF
Sold 06/13/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$308
Total Square Footage:8,396 SF
Transaction Type:Sale

The property asset involved in the transaction is an industrial space located at 2801 Northwest 22nd Terrace in Pompano Beach. The sale price of the property was $2,590,000, with a total square footage of 8,396. The price per square foot stands at $308.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,590,000
  • Address: 2801 Northwest 22nd Terrace
  • Market: Pompano Beach
  • Buyer: Albert Decespedes
  • Seller: Gregory P. Lymber
  • Broker: Anthony Mamann - LRM CREA

This transaction saw Albert Decespedes acquire the property from Gregory P. Lymber, with Anthony Mamann of LRM CREA serving as the broker representing the seller in the deal.

Players

Anthony Mamann
9 deals$45.7M volume(561) 403-4966
BROKER

LRM CREA
BROKERAGE

Details

SOLD
IMAGE: Anthony Mamann DATE: 6/13/2025 ADDRESS: 2801 Northwest 22nd Terrace MARKET: Pompano Beach ASSET TYPE: Industrial BUYER: Albert Decespedes SELLER: Gregory P. Lymber BROKER: Anthony Mamann (@AnthonyMamann) - LRM CREA (@lrmcrea) (@LRMAdvisors) SALE PRICE: $2,590,000 SF: 8,396 ~ PPSF: $308

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

$138,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,201.74
Cash-on-Cash Return-1.27%
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