Matt Heaney Of Catalyst Investment Partners LLC Acquires Industrial Property In Pompano Beach For $4.35M
SOLD
$4,350,000
Florida
See Similar DealsIndustrial13,320 SF
Sold 05/27/2026
SOLD
Matt Heaney Of Catalyst Investment Partners LLC Acquires Industrial Property In Pompano Beach For $4.35M
590 Sw 12th Ave, Pompano Beach, Fl 33069
See Similar DealsIndustrial13,320 SF
Sold 05/27/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$326
Total Square Footage:13,320 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 590 Southwest 12th Avenue in Pompano Beach. This industrial asset has a sale price of $4,350,000 and consists of 13,320 square feet, translating to a price per square foot of $326.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,350,000
- Address: 590 Southwest 12th Avenue
- Market: Pompano Beach
- Square Footage: 13,320
- Price Per Square Foot: $326
- Buyer: Matt Heaney - Catalyst Investment Partners LLC
- Seller: Sheridan Dickinson
- Brokers: Jarett Zackman, Michael Talbert & Charles Moody - Vero Capital Group
Matt Heaney represents Catalyst Investment Partners LLC as the buyer in this industrial property transaction, while Sheridan Dickinson is the seller of the asset. The brokerage team from Vero Capital Group, comprising Jarett Zackman, Michael Talbert, and Charles Moody, facilitated the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$232,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63
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