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
About this deal
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.
On the Map
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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