Flying Point Acquires Industrial Asset At 2100 North Powerline Road For $4.34M
2100 North Powerline Road
$4,340,000
$195/SF
Building Size
22,184 SF
Asset Type
Industrial
Closing
Oct 15, 2025
AI
The asset involved in the transaction is an industrial property located at 2100 North Powerline Road in Pompano Beach. The sale was completed on October 16, 2025, with a transaction price of $4,340,000. The total square footage of the property is 22,184, resulting in a price per square foot of $195.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $4,340,000
- Address: 2100 North Powerline Road
- Market: Pompano Beach
- Sale Date: 10/16/2025
- Square Footage: 22,184
- Price per Square Foot: $195
- Buyer: Flying Point - Sam Genet & Zach Sohn
- Broker: Yonatan Missika - Gridline Properties
The transaction involved the buyers Sam Genet and Zach Sohn, who represent Flying Point. The deal was brokered by Yonatan Missika of Gridline Properties, facilitating the completion of the sale.
Players
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
3.66%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93