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1937 NW 40th Ct, Pompano Be...

Mancini & Sons Leases 6048 Square Feet In Deerfield Beach At 1937 NW 40th Ct
LEASED

Mancini & Sons Leases 6048 Square Feet In Deerfield Beach At 1937 NW 40th Ct

1937 NW 40th Ct, Pompano Beach, FL...

Building Size

6,048 SF

Asset Type

Closing

Nov 20, 2023

AI

The property asset involved in the transaction is located at 1937 NW 40th Ct, Pompano Beach, FL, within the Deerfield Beach market. It consists of a total of 6048 square feet, leased from the landlord Mancini & Sons.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 1937 NW 40th Ct, Pompano Beach, FL
  • Market: Deerfield Beach
  • Landlord's Representative: Keith Graves - Berger Commercial Realty
  • Landlord: Mancini & Sons

John Forman, of Berger Commercial Realty, is also noted as a representative in the transaction, showcasing the involvement of multiple agents from the same agency in this leasing agreement.

Players

Keith Graves

Berger Commercial Realty

Broker

$44.2M

vol

18 deals

Broker
MS
Mancini & SonsLandlord

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