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8792 West Atlantic Avenue

Updated Jul 23, 2026

Jeffrey Tannenbaum Acquires Industrial Property In Delray Beach For $1,525,000 Represented By Anthony Mamann & Chad Gottsegen
SOLDIndustrial

Jeffrey Tannenbaum Acquires Industrial Property In Delray Beach For $1,525,000 Represented By Anthony Mamann & Chad Gottsegen

8792 West Atlantic Avenue

$1,525,000

$584/SF

Building Size

2,609 SF

Asset Type

Industrial

Closing

Jul 20, 2026

About this deal

AI

The property involved in this transaction is an industrial asset located at 8792 West Atlantic Avenue in Delray Beach. The sale price for the property was $1,525,000, with a size of 2,609 square feet, resulting in a price per square foot of $584.

Summary of transaction details:

In this transaction, Jeffrey Tannenbaum acted as the buyer, while Harold Groome was the seller. The brokerage team of Anthony Mamann and Chad Gottsegen represented the deal, bringing their expertise from LRM Commercial Real Estate Advisors to facilitate the sale.

On the Map

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$1,525,000

$584/SF

Industrial

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Players

Anthony Mamann

LRM Commercial Real Estate Advisors

Broker

$47.2M

vol

11 deals

Broker
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Delray Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $584 per square foot on a published $1.5M for 2,609 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.40%

Cash-on-Cash

-2.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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