Wheel Pros, LLC Leases 23549 Square Feet At 2599 SW 32 Ave Pembroke Park From FCA
2599 SW 32 Ave, Pembroke Park, FL...
Building Size
23,549 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 2599 SW 32 Ave, Pembroke Park, FL. It encompasses a total area of 23,549 square feet and is situated in the Hollywood market. The landlord associated with this property is FCA.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 2599 SW 32 Ave, Pembroke Park, FL
- Market: Hollywood
- Square Feet: 23,549
- Tenant: Wheel Pros, LLC
- Landlord: FCA
- Tenant's Representatives: Brian Cabielles, Frank Trelles - State Street Realty, George Pino
This transaction involves Wheel Pros, LLC as the tenant, while FCA serves as the landlord. The deal was facilitated by representatives including Brian Cabielles, Frank Trelles of State Street Realty, and George Pino, who played an essential role in the lease negotiation process.
Players
Hollywood 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