Crocker Partners Leases Office Space At 100 SE 3rd Ave In Fort Lauderdale
100 SE 3rd Ave, Fort Lauderdale, FL...
Building Size
11,213 SF
Asset Type
Office
Closing
Oct 6, 2022
About this deal
AI
The property involved in this transaction is an office asset located at 100 SE 3rd Ave, Fort Lauderdale, FL. The asset comprises a total of 11,213 square feet and is situated in the Fort Lauderdale market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 100 SE 3rd Ave, Fort Lauderdale, FL
- Square Feet: 11,213
- Tenant's Representative: Rhetta Nussbaum - Newmark
- Landlord: Crocker Partners
Rhetta Nussbaum represented the tenant in this lease transaction, while Crocker Partners served as the landlord in the deal. The details of the negotiation and final agreement were facilitated through their professional engagement.
On the Map
Office
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Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93