Munch Out Market Leases Retail Space At 265 Federal Highway In Dania Beach
265 S Federal Hwy Dania Beach, FL 33004, USA
$28
$28/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
May 24, 2023
About this deal
AI
The retail property located at 265 Federal Highway in Dania Beach has been leased. The property spans 1,800 square feet and is situated in a prime location within the market. The landlord, Ricardo G. Begun, has entered into a lease agreement with Munch Out Market as the tenant.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $28 per square foot
- Lease Term: 5 years plus 5 years
The deal was facilitated by brokers Yaacov Poston, Uri Redler, and Vir Velez from The Real Estate Lab. They represented both the landlord, Ricardo G. Begun, and the tenant, Munch Out Market, in this lease transaction.
On the Map
$28
$28/SF
Retail
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Players
Miami 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
566535.71%
Cash-on-Cash
-161917.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93