facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Lease

/

6600 North Military Trail

I Heart Mac & Cheese HQ Lease Finalized In Boca Raton By BH Group
LEASEDOffice

I Heart Mac & Cheese HQ Lease Finalized In Boca Raton By BH Group

6600 North Military Trail

Building Size

7,118 SF

Asset Type

Office

Closing

Mar 19, 2024

AI

Located at 6600 North Military Trail in Boca Raton, the office property spans 7,118 square feet and will serve as the corporate headquarters for I Heart Mac & Cheese.

Summary of transaction details:

The lease agreement at 6600 North Military Trail in Boca Raton was facilitated by the Landlord's Representatives, Adam Starr from PEBB Enterprises, along with John Criddle and Joseph Freitas from CBRE. Pete Schlang from Woolbright Developers acted as the Tenant's Representative during the transaction.

Players

John Criddle

CBRE

Broker

9 deals

Broker

Boca Raton Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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