LEASEDOffice
Grantham Law Signs NNN Lease For 4,742 SF Office At 850 Belvedere Road In West Palm Beach
850 Belvedere Road
Building Size
4,742 SF
Asset Type
Office
Closing
Sep 11, 2026
About this deal
AI
The asset involved in this transaction is a 4,742 square foot freestanding office located at 850 Belvedere Road in West Palm Beach. The property is leased under a NNN lease arrangement. The landlord is the First Evangelical Lutheran Church of West Palm Beach.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: First Evangelical Lutheran Church of West Palm Beach
- Tenant: Kirk Grantham, Stefan Sinn & Blake Hanley - Grantham Law, Standard Title & Florida Exchange
- Landlord's Representative: Paul Snitkin - Anderson Carr
- Tenant's Representative: Jeremy Lu - Coldwell Banker
The key individuals involved in this lease include Kirk Grantham, the founder of Grantham Law, who specializes in Real Estate and Wills, Trusts, and Estates. Co-negotiators Stefan Sinn and Blake Hanley played vital roles in finalizing the lease terms and supporting the drafting and due diligence processes. The Tom Davis & Jeremy Lu Group facilitated this off-market transaction, with the firms expressing excitement over their proximity to one another in the West Palm Beach Historic & Intracoastal corridor.
On the Map
Office
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West Palm 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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93