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2100 North Powerline Road

Flying Point Acquires Industrial Asset At 2100 North Powerline Road For $4.34M
SOLDIndustrial

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

Yonatan Missika

Gridline Properties

Broker

$122.8M

vol

10 deals

Broker

Sam Genet

Flying Point

Buyer

$69.5M

vol

16 deals

Buyer

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