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6501 Park Of Commerce Boule...

Elliot Stone Leases Office Space To The Farmer's Dog In Boca Raton For $29 Per Sqft
LEASEDOffice

Elliot Stone Leases Office Space To The Farmer's Dog In Boca Raton For $29 Per Sqft

6501 Park Of Commerce Boulevard

$29

$29/SF

Building Size

20,000 SF

Asset Type

Office

Closing

Apr 30, 2025

AI

The property asset involved in this transaction is an office space located at 6501 Park of Commerce Boulevard in Boca Raton. The asset comprises a total area of 20,000 square feet and is available for lease at a rate of $29 per square foot. The lease type for this property is Full Service Gross.

Summary of transation details:

This lease transaction involves key individuals from multiple real estate agencies. Notably, Oded Nachmani represents The Farmer's Dog through Current Real Estate Advisors, while Kevin Gonzalez and Jarred Goodstein represent the tenant through Colliers, emphasizing a collaborative approach in overseeing the agreement.

Players

Oded Nachmani

Current Real Estate Advisors

Broker

16 deals

Broker

Boca Raton 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

547000.00%

Cash-on-Cash

-156334.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93