Colliers International Brokers Lease Deal For Retail Space In Fort Lauderdale
LEASED
$29
Florida
See Similar DealsRetail11,000 SF
Leased 07/05/2023
LEASED
Colliers International Brokers Lease Deal For Retail Space In Fort Lauderdale
307 SW 2nd St Fort Lauderdale, FL 33312, USA
See Similar DealsRetail11,000 SF
Leased 07/05/2023
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$29
Total Square Footage:11,000 SF
Transaction Type:Lease
The retail property at 307 Southwest 2nd Street in Fort Lauderdale has been leased. The property spans a total of 11,000 square feet and was leased by tenant Luis Rams.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 307 Southwest 2nd Street, Fort Lauderdale
- Market: Fort Lauderdale
- Tenant: Luis Rams
- Tenant's Representative: Sam Azar - Colliers International
- Asking Rent: $29 per square foot
The lease deal was facilitated by Bradley Arendt of Colliers International, who represented both the landlord, Stephen Palmese, and the tenant, Luis Rams.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$365,697.75
Total Lease Value
$3,656,977.50
Net Landlord Cash Flow$365,697.75
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