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

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SOLD
$7,200,000

Florida

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Industrial25,000 SF
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SOLD

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

1800 Northwest 22nd Street

See Similar Deals
Industrial25,000 SF
Sold 10/24/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$288
Total Square Footage:25,000 SF
Transaction Type:Sale

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
77 deals$872.9M volume(786) 393-8089
BROKER

Noah Ohayon
AXIOM Capital Advisors
18 deals$174.1M volume
BROKER

AXIOM Capital Advisors
BROKERAGE

Details

SOLD
IMAGE: Jose Sasson Lerner & Noah Ohayon DATE: 10/24/2025 ADDRESS: 1800 Northwest 22nd Street MARKET: Fort Lauderdale ASSET TYPE: Industrial SELLER: Drew Rosen BROKERS: Noah Ohayon (@NoahOhayon00) & Jose Sasson Lerner - Axiom Capital Advisors SALE PRICE: $7,200,000 SF: 25,000 ~ PPSF: $288 NOTE FROM BROKER: Sold! Noah Ohayon at Axiom Capital Advisors along with his partner Jose Sasson are pleased to announce the sale of this Iconic IOS facility with direct frontage to I-95. Congratulations to both Buyer & Seller on this transaction. Please feel free to reach out to [email protected] for any needs regarding Sales/Leasing or even as introduction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$384,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08