Farbod Ghaemi Tehrani Purchases Retail Property In Fort Lauderdale For $3.515M With Marcus & Millichap
6260 South Powerline Road
$3,515,000
$599/SF
Building Size
5,864 SF
Asset Type
Retail
Closing
Nov 24, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 6260 South Powerline Road in Fort Lauderdale. The sale was completed for a total price of $3,515,000, encompassing 5,864 square feet of space, which equates to a price per square foot of approximately $599.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,515,000
- Address: 6260 South Powerline Road
- Market: Fort Lauderdale
- Square Footage: 5,864
- Price per Square Foot: $599
- Buyer: Farbod Ghaemi Tehrani
- Seller: Joshua Anderson
- Buyer's Representatives: Gabriel Britti, Ronnie Issenberg & Ricardo Esteves - Marcus & Millichap
The key individuals involved in this transaction include buyer Farbod Ghaemi Tehrani and seller Joshua Anderson. The buyer was represented by broker team Gabriel Britti, Ronnie Issenberg, and Ricardo Esteves from Marcus & Millichap, showcasing a collaboration of expertise in facilitating the deal.
On the Map
$3,515,000
$599/SF
Retail
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Players
Fort Lauderdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93