Updated Sep 11, 2026
Basis Industrial Acquires Industrial Property In Deerfield Beach For $24.2M
4500-4870 North Powerline Road, Deerfield Beach, Fl
$24,200,000
$242/SF
Building Size
100,000 SF
Asset Type
Industrial
Closing
Mar 14, 2023
About this deal
AI
The industrial property located at 4500-4870 North Powerline Road in Deerfield Beach has been sold for $24,200,000. The property spans across 100,000 square feet, resulting in a price per square foot of $242.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $24,200,000
- Address: 4500-4870 North Powerline Road, Deerfield Beach
- Market: Deerfield Beach
The buyer of the property is Basis Industrial, represented by Dan Weinstein & Anthony Scavo. The seller is Jeff Chauncey. This transaction was completed on 03/14/2023.
The industrial sale at 4500-4870 North Powerline Road, Deerfield Beach, Fl sold for $24.2M in 2023. The building is 100,000 square feet, implying about 242 per square foot on the published price. Anthony Scavo, Dan Weinstein, Basis Industrial appear on the sale alongside Basis Industrial. This page is the market file for the 4500-4870 North Powerline Road, Deerfield Beach, Fl industrial sold: pricing, party profiles, and other closed industrial comps from the same area sit in the Market section below. Filter that local industrial set by closing date to see what else sold near 4500-4870 North Powerline Road, Deerfield Beach, Fl around 2023. Published consideration for 4500-4870 North Powerline Road, Deerfield Beach, Fl is $24.2M, dated 2023. Cite this Basis Industrial Acquires Industrial Property In Deerfield Beach For $24.2M sale when underwriting similar industrial product.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93