Benderson Development Acquires Retail Property In Pompano Beach For $7.1M
1140 SW 36th Ave Pompano Beach, FL 33069, USA
$7,100,000
$250/SF
Building Size
28,300 SF
Asset Type
Retail
Closing
Jul 31, 2023
About this deal
AI
A retail property located at 1140 Southwest 36th Avenue in Pompano Beach has been sold for $7,100,000. The property spans 28,300 square feet, resulting in a price-per-square-foot of $251. The transaction took place on July 31, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,100,000
- Square Footage: 28,300
- Price per Square Foot: $251
- Address: 1140 Southwest 36th Avenue, Pompano Beach
Benderson Development acquired the property from Thomas Neary, who represented the Neary Family Office. The deal was facilitated by Evan Whelan and Josh Symonette of the TD Commercial Group, acting as brokers.
On the Map
$7,100,000
$250/SF
Retail
View full map
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Evan Whelan to view all their deals.
Browse Miami retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93