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1800 Northwest 22nd Street

Drew Rosen Sells Industrial Asset In Fort Lauderdale For $7.2 Million With Axiom Capital Advisors
SOLDIndustrial

Drew Rosen Sells Industrial Asset In Fort Lauderdale For $7.2 Million With Axiom Capital Advisors

1800 Northwest 22nd Street

$7,200,000

$288/SF

Building Size

25,000 SF

Asset Type

Industrial

Closing

Oct 23, 2025

AI

The property asset involved in this transaction is an industrial facility located at 1800 Northwest 22nd Street, Fort Lauderdale. The facility encompasses 25,000 square feet and was sold for $7,200,000, resulting in a price per square foot of $288.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,200,000
  • Address: 1800 Northwest 22nd Street
  • Market: Fort Lauderdale
  • Square Footage: 25,000
  • Price Per Square Foot: $288
  • Seller: Drew Rosen
  • Brokers: Noah Ohayon & Jose Sasson Lerner - Axiom Capital Advisors

Noah Ohayon and Jose Sasson Lerner from Axiom Capital Advisors represented the seller in this transaction. They successfully facilitated the sale of the facility, highlighting its direct frontage to I-95. This transaction marks a significant achievement for both the buyer and seller.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$931.9M

vol

81 deals

Broker
AXIOM Capital Advisors
AXIOM Capital AdvisorsBrokerage

Fort Lauderdale 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

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93