Annette Romano, Felipe Romano & Dominic Romano Acquire Retail Property In Pompano Beach For $4.45M
7730 W McNab Rd, Pompano Beach, FL, USA
$4,450,000
$754/SF
Building Size
5,900 SF
Asset Type
Retail
Closing
Aug 1, 2021
AI
7730 W McNab Rd, a retail property located in Pompano Beach, was recently sold in a closed transaction. The property spans 5,900 square feet and was sold for a price of $4,450,000, resulting in a price per square foot of $754.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,450,000
- Address: 7730 W McNab Rd
- Market: Pompano Beach
Annette Romano, Felipe Romano, and Dominic Romano purchased the property from Ana M. Rodriguez and Oscar Rodriguez Jr.
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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93