2601 Atlantic Center LLC Acquires Retail Center In Pompano Beach For $3.42 Million
2601 East Atlantic Boulevard
$3,420,000
$222/SF
Building Size
15,372 SF
Asset Type
Retail
Closing
Oct 27, 2025
About this deal
AI
A retail center located at 2601-2611 East Atlantic Boulevard in Pompano Beach has been sold for $3,420,000. The property spans 15,372 square feet, equating to a price per square foot of $222. This asset is fully leased and includes a long-term tenant, Café Maxx.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,420,000
- Square Footage: 15,372
- Price Per Square Foot: $222
- Buyer: 2601 Atlantic Center LLC
- Seller: T R Associates Inc.
- Brokers: Jaime Sturgis & Dan Ross - Native Realty
This transaction involved Jaime Sturgis, who led Native Realty in brokering the deal, while Dan Ross represented the buyer, 2601 Atlantic Center LLC, in the acquisition of the property.
On the Map
$3,420,000
$222/SF
Retail
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Players
Pompano Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.64%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93