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4601 Sheridan St, Hollywood...

Adler Realty Services Leases 8000 Square Feet At 4601 Sheridan St In Hollywood With Tenant's Rep Christine Colley
LEASED

Adler Realty Services Leases 8000 Square Feet At 4601 Sheridan St In Hollywood With Tenant's Rep Christine Colley

4601 Sheridan St, Hollywood, FL, 33021

Building Size

8,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 4601 Sheridan St, Hollywood, FL, 33021, within the Hollywood market. It encompasses a total area of 8,000 square feet. The landlord for this lease is Adler Realty Services.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 4601 Sheridan St, Hollywood, FL, 33021
  • Market: Hollywood
  • Square Feet: 8000
  • Tenant's Representative: Christine Colley-Cushman & Wakefield
  • Landlord's Representative: Daniel Heisler-Adler Realty Services
  • Landlord: Adler Realty Services

In this lease transaction, Christine Colley represents the tenant, whereas Daniel Heisler represents the landlord. The negotiation involved both representatives working on behalf of their respective parties to finalize the agreement.

Players

Christine Colley

JLL

Broker

11 deals

Broker
Capital Real Estate Group
Capital Real Estate GroupBrokerage

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