Mancini & Sons Florida LLC Leases 7438 Square Feet At 1500 South Powerline Road In Deerfield
1500 South Powerline Road, Deerfield...
Building Size
7,438 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The lease transaction involves a property located at 1500 South Powerline Road, Deerfield, with a total square footage of 7,438. The landlord in this transaction is Mancini & Sons Florida LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1500 South Powerline Road, Deerfield
- Landlord: Mancini & Sons Florida LLC
- Landlord's Representatives: Keith Graves and John Forman from Berger Commercial Realty
- Square Feet: 7438
The representatives for the landlord, Keith Graves and John Forman, play crucial roles in facilitating this lease agreement. Their expertise comes from their affiliation with Berger Commercial Realty, a significant player in the commercial real estate sector.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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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