Kingdom Sushi Leases Retail Space At 1239 S Federal Highway Fort Lauderdale For $62.50/ft

The property asset involved in the transaction is situated at 1239 S Federal Highway, Fort Lauderdale, and is categorized as a retail asset. The lease type is a Single Net Lease, with an asking rent of $62.50 per square foot for a total area of 2,797 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $62.50/ft
• Address: 1239 S Federal Highway
• Market: Fort Lauderdale
• Landlord: Stefan Grosfeld - Food Capital & Triarch Capital Group
• Tenant: Kingdom Sushi
• Landlord's Rep: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
• Tenant's Rep: Luciano Medeiros - Millenia Partners; Chris Barney & Spencer Davis - Trinity Commercial Group
• Square Footage: 2,797
• Lease Type: Single Net Lease

The deal includes key representatives from both the landlord and tenant sides, with Jose Sasson Lerner and Roberto Susi representing the landlord through AXIOM Capital Advisors. On the tenant side, Luciano Medeiros from Millenia Partners and Chris Barney along with Spencer Davis from Trinity Commercial Group are representing Kingdom Sushi.