Horizon Pottery Leases Mixed-Use Space At 60 Northwest 60th Street Fort Lauderdale For $25/ft
60 Nw 60th St
$25
$25/SF
Building Size
6,496 SF
Asset Type
Mixed-use
Closing
Feb 9, 2026
AI
The property asset involved in this lease transaction is a mixed-use space located at 60 Northwest 60th Street in the Fort Lauderdale market. The asset has a total square footage of 6,496 and comes with an asking rent of $25 per square foot. This lease agreement is categorized as a NNN Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $162,400
- Lease Type: NNN Lease
- Landlord: John T. Connelly Jr - Nautical Home Furnishings
- Tenant: Horizon Pottery
- Landlord's Representatives: Les Byron - SVN | Commercial Realty & Howie Jakobi - Florida Realty Fusion Corp
This transaction involved key individuals and organizations such as John T. Connelly Jr representing the landlord, while the tenant, Horizon Pottery, engaged in leasing the property. The deal was facilitated by Les Byron and Howie Jakobi, who represented the landlord in this transaction.
Players
Fort Lauderdale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93