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Floor & Décor Leases 83000 SF Industrial Space In Fort Lauderdale

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LEASED

Florida

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Industrial83,000 SF
Leased 10/14/2016
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LEASED

Floor & Décor Leases 83000 SF Industrial Space In Fort Lauderdale

2200 W Sunrise BLVD, Fort Lauderdal...

See Similar Deals
Industrial83,000 SF
Leased 10/14/2016
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:83,000 SF
Transaction Type:Lease

The asset involved in the transaction is an industrial property located at 2200 W Sunrise Blvd, Fort Lauderdale, spanning approximately 83,000 square feet. This property is part of a larger two-building distribution center known as Bridge Point I-95, which totals 307,000 square feet. The market is identified as Fort Lauderdale.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2200 W Sunrise Blvd, Fort Lauderdale
  • Market: Fort Lauderdale
  • Tenant: Floor & Décor
  • Tenant's Representative: Melody Spano - Strategic Retail Advisors
  • Landlord: Bridge Development Partners
  • Square Feet: 83,000

This transaction marks the first significant pre-lease for Bridge Development Partners at the Bridge Point I-95 facility. The flooring retailer Floor & Décor is set to occupy the premises, with plans to move in early next year.

Players

Melody Spano
2 deals
BROKER

Bridge Development Partners
LANDLORD

Details

LEASED
IMAGE: 10/14/2016 ADDRESS: 2200 W Sunrise BLVD, Fort Lauderdal... MARKET: Fort Lauderdale ASSET TYPE: Industrial TENANT'S REP: Melody Spano-Strategic Retail Advisors TENANT: Floor & Décor LANDLORD: Bridge Development Partners SQUARE FEET: 83000

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Deal Type
Effective Rent (Annual)

$4,757,509.91

Total Lease Value

$47,575,099.14

Net Landlord Cash Flow$4,757,509.91