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1800 NW 66th Ave, Fort Laud...

CoFe Fund 1 - Plantation, LLC Leases 31063 Square Feet At 1800 NW 66th Ave
LEASED

CoFe Fund 1 - Plantation, LLC Leases 31063 Square Feet At 1800 NW 66th Ave

1800 NW 66th Ave, Fort Lauderdale, F...

Building Size

31,063 SF

Asset Type

Closing

Nov 20, 2023

AI

The property is located at 1800 NW 66th Ave, Fort Lauderdale, Florida, within the Plantation market. It encompasses a total area of 31,063 square feet and is leased by CoFe Fund 1 – Plantation, LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1800 NW 66th Ave, Fort Lauderdale, FL
  • Market: Plantation
  • Landlord: CoFe Fund 1 – Plantation, LLC
  • Landlord's Representatives: Judy Dolan (Berger Commercial Realty/CORFAC International), Keith Graves (Berger Commercial Realty), Jonathan Thiel
  • Square Feet: 31,063

The transaction involved key representatives from Berger Commercial Realty, with Judy Dolan and Keith Graves actively participating in the deal. Jonathan Thiel also played a role in representing the landlord during this lease transaction.

Players

Jonathan Thiel

Berger Commercial Realty

Broker

$20.9M

vol

12 deals

Broker

Plantation CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93