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2601 East Atlantic Boulevard

2601 Atlantic Center LLC Acquires Retail Center In Pompano Beach For $3.42 Million
SOLDRetail

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

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.

Players

Jaime Sturgis

Native Realty

Broker

$234.1M

vol

47 deals

Broker

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