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
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