InNeuroCo Leases 36630 Square Feet At 19700 Stirling Rd Fort Lauderdale From Bergeron Properties
19700 Stirling Rd, Fort Lauderdale, FL 33024, USA
Building Size
36,630 SF
Asset Type
Single Family Residence
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 19700 Stirling Rd, Fort Lauderdale, FL, within the Southwest Ranches market. It encompasses a total of 36,630 square feet and is leased by InNeuroCo. The ownership is attributed to Bergeron Properties and Investment Corporation.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 19700 Stirling Rd, Fort Lauderdale, FL
- Market: Southwest Ranches
- Landlord: Bergeron Properties and Investment Corporation
- Tenant: InNeuroCo
- Square Feet: 36,630
- Landlord's Representative: Greg Milopoulos - NKF
This transaction highlights the involvement of Greg Milopoulos representing the landlord, Bergeron Properties and Investment Corporation, during the leasing process. The tenant, InNeuroCo, secured a substantial space to meet its operational needs in the Southwest Ranches market.
Southwest Ranches Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93