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3410 Northeast 6th Terrace

Drew Rosen Acquires Industrial Property In Pompano Beach For $1.6M With Seller's Rep Mark Faeth
SOLDIndustrial

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

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.

Players

Mark Faeth

LRM CREA

Broker

$47.6M

vol

13 deals

Broker
LRM CREA
LRM CREABrokerage

Michael Saba Jr.

Seller

$41.2M

vol

7 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93