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3120 Northwest 16th Terrace

Stephen Panos Of Realterm Purchases Industrial Asset From Ariel Golan For $25 Million In Pompano Beach
SOLDIndustrial

Stephen Panos Of Realterm Purchases Industrial Asset From Ariel Golan For $25 Million In Pompano Beach

3120 Northwest 16th Terrace

$25,000,000

$1,666/SF

Building Size

15,000 SF

Asset Type

Industrial

Closing

May 5, 2025

AI

The property involved in this transaction is located at 3120 Northwest 16th Terrace & 3120D Northwest 16th Terrace in Pompano Beach. The industrial asset has a sale price of $25,000,000 and encompasses a total building size of 15,000 square feet on an 8.43-acre lot, equating to 367,210 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $25,000,000
  • Building Square Footage: 15,000
  • Price Per Square Foot: $68
  • Acres: 8.43
  • Buyer: Stephen Panos - Realterm
  • Seller: Ariel Golan - Discount Truck Parking
  • Buyer's Representatives: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors

The deal highlights the collaboration between broker representatives Jose Sasson Lerner and Roberto Susi from AXIOM Capital Advisors, who facilitated the transaction for the buyer, Stephen Panos of Realterm, and the seller, Ariel Golan from Discount Truck Parking. Note from broker: We are very proud to announce this monster sale in a very challenging market environment - we consistently continue to perform for our clients, and we take great pride in that BH.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$878.8M

vol

78 deals

Broker
R
RealtermBuyer

Ariel Golan

Discount Truck Parking USA

Seller

$43.2M

vol

4 deals

Seller

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

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93