Andrew Perkins Acquires Store On W Atlantic Blvd In Pompano Beach For $7.2M
5428 West Atlantic Boulevard, Pompano Beach, Florida 33063, United States
$7,200,000
$412/SF
Building Size
17,473 SF
Asset Type
Retail
Closing
Apr 5, 2022
About this deal
AI
This store property located at 5400-5428 W Atlantic Blvd in Pompano Beach, FL was recently sold in a closed transaction. The sale took place on 04/06/2022.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $7,200,000
- Square Footage: 17,473
- Price Per Square Foot: $412
- Address: 5400-5428 W Atlantic Blvd, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyer of this store property is Andrew Perkins, while the seller is Francisco Escante. The transaction was completed at a price of $7,200,000, with a square footage of 17,473. The price per square foot for the property was determined to be $412.
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93