BODY Secures 10-Year NNN Lease At Edens' Boca Raton Development Represented By Sabre Real Estate Group
9889 Glades Road
$70
$70/SF
Building Size
2,616 SF
Asset Type
Retail
Closing
Aug 28, 2026
About this deal
AI
The asset involved in this transaction is a retail space located at 9889 Glades Road in Boca Raton, Florida. The square footage of the space is 2,616, with an asking rent of $70 per square foot. The lease term is set for 10 years, categorized as a NNN lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $70/ft
- Lease Term: 10 Years
- Lease Type: NNN Lease
- Landlord: Mark Doster – Edens
- Tenant: BODY
- Tenant's Representative: Casey Mancuso, Dylan Cane & Jayson Siano - Sabre Real Estate Group
Casey Mancuso, Dylan Cane, and Jayson Siano from Sabre Real Estate Group represented BODY in this lease transaction, facilitating BODY's entry into Edens’ premier new Boca Raton development. As one of the fastest-growing hot mat Pilates brands nationally, this location is significant for BODY's expansion strategy into key markets.
On the Map
$70
$70/SF
Retail
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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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93