Updated Sep 24, 2026
Valley Forge Fabrics Inc Leases 37,301 SF Industrial Space To Philippe Couture In Fort Lauderdale
6682 Northwest 16th Terrace
$14
$14/SF
Building Size
37,301 SF
Asset Type
Industrial
Closing
Sep 22, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 6682 Northwest 16th Terrace in Fort Lauderdale, with a total square footage of 37,301. The asking rent for this lease is $14.50 per square foot, under a Full Service Gross lease type.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14.50/ft
- Address: 6682 Northwest 16th Terrace
- Market: Fort Lauderdale
- Landlord: Valley Forge Fabrics Inc
- Tenant: Philippe Couture
- Landlord's Representative: Les Byron - SVN Commercial Realty
- Tenant's Representative: Anthony Mamann - LRM Commercial Real Estate Advisors
The transaction features key representatives from both the landlord and tenant sides. Les Byron represents Valley Forge Fabrics Inc through SVN Commercial Realty in this deal, while Anthony Mamann acts on behalf of Philippe Couture from LRM Commercial Real Estate Advisors.
On the Map
$14
$14/SF
Industrial
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Players
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
1133071.43%
Cash-on-Cash
-323835.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93