Updated Oct 29, 2024
Protective Film Solutions Leases Industrial Space At 15 NW 9th Ave, Fort Lauderdale
15 NW 9th Ave Fort Lauderdale, FL 33311, USA
$40
$40/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Aug 14, 2023
About this deal
AI
The industrial property located at 15 Northwest 9th Avenue in Fort Lauderdale has been leased. The property, spread across 5,000 square feet, is owned by Daniel Alexander Ellis and Hussein Rakine.
Summary of transation details
- Property Type: Industrial
- Address: 15 Northwest 9th Avenue, Fort Lauderdale
- Market: Fort Lauderdale
- Landlord: Daniel Alexander Ellis & Hussein Rakine
- Tenant: Protective Film Solutions
Krysten Naranjo, a representative of BrokerNation Real Estate, acted as the landlord's broker in the lease deal. The asking rent for the property was $40 per square foot. No additional information regarding the terms of the lease was provided.
On the Map
$40
$40/SF
Industrial
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Fort Lauderdale Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93