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1660 Southwest 13th Court

Industrial Property In Pompano Beach Sold For $6.15M With Brokers Roberto Susi And Jeremy Sebbagh
SOLDIndustrial

Industrial Property In Pompano Beach Sold For $6.15M With Brokers Roberto Susi And Jeremy Sebbagh

1660 Southwest 13th Court

$6,150,000

$48/SF

Building Size

127,225 SF

Asset Type

Industrial

Closing

Dec 16, 2024

AI

The property involved in this transaction is an industrial asset located at 1660 Southwest 13th Court in Pompano Beach. The sale price was $6,150,000, and it encompasses a total of 127,225 square feet, resulting in a price per square foot of $48.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,150,000
  • Address: 1660 Southwest 13th Court
  • Market: Pompano Beach
  • Total Square Footage: 127,225
  • Price per Square Foot: $48

The brokers representing the transaction included Roberto Susi and Jose Sasson Lerner from AXIOM Capital Advisors, as well as Jeremy Sebbagh from Beachfront Realty. Their roles were pivotal in the completion of this industrial property sale.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$872.9M

vol

77 deals

Broker

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

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93