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1301 South Powerline Road, ...

Updated Dec 21, 2023

Antonio Calil Acquires Store In Pompano Beach, FL For $5.5M
SOLDRetail

Antonio Calil Acquires Store In Pompano Beach, FL For $5.5M

1301 South Powerline Road, Pompano Beach, Florida 33069, United States

$5,500,000

$298/SF

Building Size

18,403 SF

Asset Type

Retail

Closing

Sep 20, 2022

About this deal

AI

The property asset involved in this transaction is located at 1301-1325 S Powerline Rd in Pompano Beach, FL. It is a store with a total square footage of 18,403. The sale took place on September 21, 2022, with a selling price of $5,500,000. The price per square foot (PPSF) is calculated to be $298.

Summary of transaction details

  • Property Type: Store
  • Transaction Amount: $5,500,000
  • Square Footage: 18,403
  • Price per Square Foot (PPSF): $298
  • Address: 1301-1325 S Powerline Rd, Pompano Beach, FL
  • Market: Pompano Beach, FL

The buyer in this transaction is Antonio Calil, and the seller is Max Chira.

Players

Pompano Beach Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $298 per square foot on a published $5.5M for 18,403 square feet (2022).

Browse Florida retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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