Nadelhorn, Inc. Leases Retail Space At 6000 Glades Rd In Boca Raton
5820 Glades Road, Boca Raton, FL 33431, USA
Building Size
1,005 SF
Asset Type
Retail
Closing
Oct 29, 2021
About this deal
AI
The Town Center at Boca Raton has leased a retail property located at 6000 Glades Rd in Boca Raton. The property is owned by The Town Center at Boca Raton and the tenant is Nadelhorn, Inc. The lease was facilitated by Mikhail Mudrik from Tzinker International Realty.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 6000 Glades Rd
- Market: Boca Raton
The landlord, The Town Center at Boca Raton, has leased the retail property to Nadelhorn, Inc. The tenant will now operate their business at the 6000 Glades Rd location in Boca Raton. Mikhail Mudrik from Tzinker International Realty represented Nadelhorn, Inc. in the lease agreement.
Players
Boca Raton 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