Updated Dec 4, 2024
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
About this deal
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