LEASEDOffice
Grantham Law Signs NNN Lease For 4,742 SF Office At 850 Belvedere Road In West Palm Beach
850 Belvedere Road
$45
$45/SF
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
$45
$45/SF
Office
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Players
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