Nofal Kahook Leases 2,700 SF Retail Space To Sahid Ullah At 900 North Ocean Drive
900 North Ocean Drive
$67
$67/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Apr 5, 2026
About this deal
AI
The retail asset located at 900 North Ocean Drive in Hollywood encompasses a total square footage of 2,700. The asking rent for the property is set at $67 per square foot, facilitated under a three net lease (NNN) for a term of five years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $67/ft
- Lease Term: 5 years
- Lease Type: NNN Lease
- Landlord: Nofal Kahook
- Tenant: Sahid Ullah
- Brokers: Ethan Amar & Sebastian Misiewicz - Lee & Associates
The transaction involves landlord Nofal Kahook leasing the property to tenant Sahid Ullah, with representation by brokers Ethan Amar and Sebastian Misiewicz from Lee & Associates, who facilitated the agreement. Their involvement underscores the professional collaboration in this leasing deal.
On the Map
$67
$67/SF
Retail
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Players
Hollywood 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
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93