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3706 E Industrial Ave

Updated Jun 23, 2025

Pat Carney Purchases Industrial Asset From Jarred Elmar In Riviera Beach For $2.525M
SOLDIndustrial

Pat Carney Purchases Industrial Asset From Jarred Elmar In Riviera Beach For $2.525M

3706 E Industrial Ave

$2,525,000

$77/SF

Building Size

32,484 SF

Asset Type

Industrial

Closing

Jan 5, 2018

About this deal

AI

The asset involved in this transaction is an industrial property located at 3706 E Industrial Ave in the market of Riviera Beach. The property was sold for a price of $2,525,000.00 and has a total square footage of 32,484.0.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,525,000.00
  • Address: 3706 E Industrial Ave
  • Market: Riviera Beach
  • Square Footage: 32,484.0
  • Buyer: Pat Carney
  • Seller: Jarred Elmar
  • Broker: Tyler Kuhlman

The individuals involved in this transaction include Pat Carney as the buyer and Jarred Elmar as the seller. Tyler Kuhlman represented the seller in this deal.

On the Map

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$2,525,000

$77/SF

Industrial

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Players

Tyler Kuhlman

CBRE

Broker

$1.6B

vol

114 deals

Broker

PAT CARNEY

Buyer
Buyer

JARRED ELMAR

Seller

$9.3M

vol

4 deals

Seller
Bilt advertisement

Riviera Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $77 per square foot on a published $2.5M for 32,484 square feet (2018).

Visit Tyler Kuhlman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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