UOVO Signs Lease For Industrial Property In West Palm Beach With Landlord McCraney Property Company
LEASED
Florida
See Similar DealsIndustrial23,000 SF
Leased 08/23/2021
LEASED
UOVO Signs Lease For Industrial Property In West Palm Beach With Landlord McCraney Property Company
350 North Haverhill Road, West Palm Beach, Palm Beach, FL, USA
See Similar DealsIndustrial23,000 SF
Leased 08/23/2021
Summary
FLORIDA
Asset Type:Industrial
Total Square Footage:23,000 SF
Transaction Type:Lease
An industrial property located at 350 North Haverhill Road in West Palm Beach has been leased. The lease transaction was completed on 08/23/2021, with UOVO as the tenant and McCraney Property Company as the landlord. The property spans approximately 23,000 sq. ft. with an asking rent of $8.5 per sq. ft.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 08/23/2021
- Address: 350 North Haverhill Road, West Palm Beach
- Tenant: UOVO
- Landlord: McCraney Property Company
- Asking Rent: $8.5 per sq. ft.
- Square Footage: 23,000 sq. ft.
Steve Novenstein represented UOVO as their broker in this lease transaction.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,318,346.12
Total Lease Value
$13,183,461.21
Net Landlord Cash Flow$1,318,346.12
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