305 Concepts Leases 2905 Square Feet At 401 E Las Olas Blvd Fort Lauderdale From DWS Group
401 E Las Olas BLVD, Fort Lauderdale...
Building Size
2,905 SF
Asset Type
Retail
Closing
Jun 11, 2021
About this deal
AI
The lease transaction involves a property located at 401 E Las Olas Blvd, Fort Lauderdale, within the Fort Lauderdale market. The total area of the leased space is 2,905 square feet. The landlord for this transaction is DWS Group, while the tenant is 305 Concepts.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 401 E Las Olas Blvd, Fort Lauderdale
- Market: Fort Lauderdale
- Square Feet: 2905
- Tenant's Representative: Jenny Gefen - Colliers International
- Landlord's Representative: Jeffrey (Jeff) Evans
- Tenant: 305 Concepts
- Landlord: DWS Group
The deal involves key representatives, Jenny Gefen from Colliers International representing the tenant, and Jeffrey (Jeff) Evans representing the landlord. Their roles are crucial in facilitating the lease agreement between 305 Concepts and DWS Group.
Players
Fort Lauderdale Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse Florida retail leases on Traded.
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