Mancini & Sons Leases 12000 Square Feet At 1935 NW 40th Ct Pompano Beach
1935 NW 40th Ct, Pompano Beach, FL...
Building Size
12,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 1935 NW 40th Ct, Pompano Beach, FL, situated within the Deerfield Beach market. The leased space encompasses 12,000 square feet. The landlord for this property is Mancini & Sons.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1935 NW 40th Ct, Pompano Beach, FL
- Market: Deerfield Beach
- Landlord's Representatives: Keith Graves (Berger Commercial Realty), John Forman (Berger Commercial Realty)
- Tenant: Not specified
- Landlord: Mancini & Sons
- Square Feet: 12,000
The individuals involved in this transaction include the landlord's representatives, Keith Graves and John Forman, both associated with Berger Commercial Realty. Their roles were crucial in facilitating this lease agreement for the property.
Players
Deerfield Beach 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