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2010 Northwest 6th Street

Fidel Goldson Leases Retail Space To Sunday's Eatery In Fort Lauderdale For $47/ft
LEASEDRetail

Fidel Goldson Leases Retail Space To Sunday's Eatery In Fort Lauderdale For $47/ft

2010 Northwest 6th Street

$47

$47/SF

Building Size

2,030 SF

Asset Type

Retail

Closing

Apr 8, 2025

AI

The property asset involved in this transaction is a retail lease located at 2010 Northwest 6th Street, Fort Lauderdale. The lease type is a NNN Lease, and it encompasses a total square footage of 2,030. The asking rent for the property is $47 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $47/ft
  • Address: 2010 Northwest 6th Street
  • Market: Fort Lauderdale
  • Landlord: Fidel Goldson
  • Tenant: Sunday's Eatery
  • Brokers: Caio Martin - Current Capital Realty
  • Brokers: Stacey Powell - Powell Realty
  • Lease Type: NNN Lease
  • Square Footage: 2,030

Caio Martin and Stacey Powell acted as representatives for Landlord Fidel Goldson during this lease transaction, facilitating the agreement for his standalone restaurant business, which includes a drive-through. The tenant, Sunday's Eatery, is expected to make announcements soon regarding their future concept.

Players

Caio Martin

Current Capital Realty

Broker

$39.7M

vol

10 deals

Broker

Fort Lauderdale Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

337510.64%

Cash-on-Cash

-96461.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93