Becknell Industrial Leases 55897 Square Feet At 2405 College Ave Davie With Jeffrey Hartsook
2405 College Ave, Davie, FL, 33317
Building Size
55,897 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property located at 2405 College Ave, Davie, FL, 33317 is a leased asset comprising a total of 55,897 square feet. It is situated within the Davie market, reflecting the region's industrial capabilities.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 2405 College Ave, Davie, FL, 33317
- Market: Davie
- Tenant: Unknown
- Landlord: Becknell Industrial
- Tenant's Representative: Jeffrey Hartsook - Cresa
The transaction involves Becknell Industrial as the landlord, with Jeffrey Hartsook from Cresa representing the tenant in the leasing process. Further specifics regarding the negotiating parties are not disclosed, establishing a focus on the property lease without additional commentary.
On the Map
Retail
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Players
Davie 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93