Jose Breindembach Purchases Industrial Asset In Fort Lauderdale For $1.35M With Luis Guevara As Buyer's Rep
SOLD
$1,350,000
+ 1
Florida
See Similar DealsIndustrial5,900 SF
Sold 11/26/2025
SOLD
Jose Breindembach Purchases Industrial Asset In Fort Lauderdale For $1.35M With Luis Guevara As Buyer's Rep
745 Northwest 7th Terrace
See Similar DealsIndustrial5,900 SF
Sold 11/26/2025
+ 1
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$228
Total Square Footage:5,900 SF
Transaction Type:Sale
An industrial asset located at 745 Northwest 7th Terrace in Fort Lauderdale, FL has been sold. The property spans 5,900 square feet and was transacted at a price of $1,350,000, equating to $228 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,350,000
- Address: 745 Northwest 7th Terrace
- Market: Fort Lauderdale, FL
- Square Footage: 5,900
- Price Per Square Foot: $228
- Buyer: Jose Breindembach
- Seller: Asi Cabessa
- Buyer's Representative: Luis Guevara - Chariff Realty Group
- Seller's Representatives: Max Loria & David Richman - STL Commercial
The transaction involved key representatives, with Luis Guevara from Chariff Realty Group representing the buyer, while the seller was represented by Max Loria and David Richman of STL Commercial. The deal showcases the collaborative efforts of the respective brokerage teams in facilitating the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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