Oz Cervinka Of Buyers Realty LLC Represents Buyer In Off-Market Industrial Sale For $3.775M
3400 Northwest 25th Avenue
$3,775,000
$313/SF
Building Size
12,050 SF
Asset Type
Industrial
Closing
Sep 16, 2024
AI
An industrial warehouse located at 3400 Northwest 25th Avenue in Pompano Beach has been sold in an off-market transaction. The sale price was $3,775,000, and the property encompasses a total area of 12,050 square feet, translating to a price per square foot of $313.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,775,000
- Square Footage: 12,050
- Price Per Square Foot: $313
- Buyer's Representative: Oz Cervinka - Buyers Realty LLC
- Date of Sale: 09/16/2024
- Market: Pompano Beach
The transaction was facilitated by Ozglobalestates, which specializes in off-market industrial and commercial sales and works closely with private investors and businesses. The acquisition utilized SBA funding, indicating a strategic financial approach. For further assistance, contact details are provided for Ozglobalestates.
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
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93