Updated Jan 28, 2026
Drew Rosen Acquires Industrial Property In Pompano Beach For $1.6M With Seller's Rep Mark Faeth
3410 Northeast 6th Terrace
$1,600,000
$336/SF
Building Size
4,762 SF
Asset Type
Industrial
Closing
Jan 20, 2026
About this deal
AI
The industrial property located at 3410 Northeast 6th Terrace in Pompano Beach has been sold for $1,600,000. The asset spans 4,762 square feet, resulting in a price per square foot of $335.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,600,000
- Address: 3410 Northeast 6th Terrace
- Market: Pompano Beach
- Seller: Michael Saba & Michael Saba Jr.
- Buyer: Drew Rosen
- Seller's Representative: Mark Faeth - LRM CREA
This transaction highlights the involvement of Drew Rosen as the buyer, while Mark Faeth represented the sellers in the deal. Michael Saba and Michael Saba Jr. were the sellers of the property. Each played a significant role in facilitating the sale within the market.
On the Map
$1,600,000
$336/SF
Industrial
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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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93