SWTHZ Leases Retail Space At 31 SE 4th Avenue In Delray Beach For $70 Per Ft
31 Southeast 4th Avenue
$70
$70/SF
Building Size
2,130 SF
Asset Type
Office
Closing
Sep 14, 2026
About this deal
AI
The property involved in this transaction is located at 31 SE 4th Avenue in Delray Beach, specifically in the retail market. This asset consists of 2,130 square feet and is leased at an asking rent of $70 per square foot, under a 10-year NNN Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $149,100
- Tenant: SWTHZ
- Landlord: Samuels & Associates
- Tenant Brokers: Casey Mancuso & Jayson Siano - SABRE
- Landlord Broker: Travis Langhorst - Atlantic Retail
- Lease Term: 10 years
- Lease Type: NNN Lease
Casey Mancuso and Jayson Siano from SABRE represented the tenant, SWTHZ, in this leasing transaction. Travis Langhorst from Atlantic Retail represented the landlord, Samuels & Associates. The deal allows SWTHZ to expand its presence alongside other notable brands, such as [solidcore], Yoga Joint, and IPIC in the area.
Players
Delray Beach 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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93