The Salty Donut Signs Lease For Retail Space In West Palm Beach For $75/ft
460 South Rosemary Avenue
$75
$75/SF
Building Size
1,999 SF
Asset Type
Retail
Closing
Aug 19, 2022
About this deal
AI
The retail property located at 460 S Rosemary Ave in West Palm Beach has been leased. The asset, measuring 1,999 square feet, was leased by The Salty Donut. The landlord in this transaction is Related Group.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 460 S Rosemary Ave
- Market: West Palm Beach
The leasing deal for the retail property at 460 S Rosemary Ave was facilitated by brokers Michael Sullivan and Lyle Stern from Koniver Stern Group, acting as representatives for The Salty Donut. On the other side, Marty Arrivo and Aracibo Quintana from Acre represented the landlord, Related Group.
On the Map
$75
$75/SF
Retail
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Players
West Palm Beach 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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93