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900 North Ocean Drive

Nofal Kahook Leases 2,700 SF Retail Space To Sahid Ullah At 900 North Ocean Drive
LEASEDRetail

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

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.

Players

Ethan Amar

Lee & Associates

Broker

$6.1M

vol

2 deals

Broker

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