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
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:
- Property Type: Industrial
- Transaction Amount: $1,525,000
- Address: 8792 West Atlantic Avenue
- Market: Delray Beach
- Square Footage: 2,609
- Price per Square Foot: $584
- Buyer: Jeffrey Tannenbaum
- Seller: Harold Groome
- Brokers: Anthony Mamann & Chad Gottsegen - LRM Commercial Real Estate Advisors
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.
Players
Delray Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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