Seth Cohen & Brad Cohen Landlord Lease 15-Year Term To The Learning Experience In Davie

The property asset involved is a retail/office/medical development located at 15601 Sheridan Street in Davie, Florida. The asking rent for this 10,000 square feet space is $49 per square foot under a NNN lease agreement. The total retail development spans 47,600 square feet, indicating significant market value in a growing area.

Summary of transaction details:

• Property Type: Retail/Office/Medical Development
• Transaction Amount: $49/ft
• Lease Type: NNN Lease
• Landlord: Seth Cohen & Brad Cohen
• Tenant: The Learning Experience
• Broker: Joshua Rosa - APEX Capital Realty
• Lease Term: 15 years
• Indoor Space: 10,000 SF
• Outdoor Play Area: 5,000 SF
• Current Market Area: Davie
• Total Rentable Square Footage: 47,600 SF
• Remaining Spaces: 1,800 SF to 16,200 SF
• AADT Exposure: 190,500

The deal's key individuals include landlord representatives Seth Cohen and Brad Cohen, alongside tenant The Learning Experience, which secured the lease. Broker Joshua Rosa played a significant role as the listing agent from APEX Capital Realty, reflecting early demand in the area just weeks before the project’s site plan submission. The location benefits from being at the intersection of I-75 and Sheridan Street, surrounded by various destination anchors, enhancing its appeal to potential tenants.