Matt Heaney Of Catalyst Investment Partners LLC Acquires Industrial Property In Pompano Beach For $4.35M
590 Sw 12th Ave, Pompano Beach, Fl 33069
$4,350,000
$326/SF
Building Size
13,320 SF
Asset Type
Industrial
Closing
May 26, 2026
AI
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.
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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93