Posts Tagged ‘CRE’

Just Sold: Corner Retail in Paraiso District

Transaction Highlights Sold: $1,300,000 Closing Date: 1/20/2021 Size: 3,628 sf Property Type: Corner retail condo, raw shell Location: Paraiso Bayviews (ground floor) New Use: Mini market concept About FA CommercialFA Commercial is a specialized team led by Fabio Faerman. The team focuses on investment sales, landlord representation and tenant representation. With a distinctive approach, we…

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Just Leased: Freddo Gelato in Pembroke Pines

FA Commercial was the only brokerage in this transaction. The space consists of 1,114 SF at 304 SW 145th Avenue in Pembroke Pines, FL. Freddo signed a 10-year lease with renewal options. This will become Freddo’s 7th location in South Florida, adding to it’s 180+ stores worldwide. The new Freddo shop will be replacing CREAM…

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Sold for $4.65M – Triple-net CVS Pharmacy

Fabio Faerman and Sebastian Faerman of FA Commercial just sold a triple-net (NNN) CVS Pharmacy in South Florida. The 13,038 square foot general retail building was sold for $4,650,000. The Faerman’s represented the buyer in the cash transaction. Investment Highlights The tenant, CVS Pharmacy, has a history of impressive sales at this location with a NOI of $233,895…

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Just Sold: NNN Wendy’s in Stuart

Fabio Faerman and Sebastian Faerman of FA Commercial, the commercial division of Fortune International Realty, just closed the deal for a Wendy’s located on 726 SW Federal Highway in Stuart, Florida for $1,870,000, which translates to $614 per square foot. The Faermans represented the seller in the transaction. Investment Highlights Triple-net investment property with a cap rate of 6.85%, zero…

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Shopping Center Sold for $7.65M in Riverview, FL

For Immediate Release (12/07/2019) Fabio Faerman CCIM and Sebastian Faerman of FA Commercial – commercial division of Fortune International Realty – just closed the deal for a 21,700 SF shopping center located on 10640 New East Bay Road in Riverview, FL for $7,650,000, which translates to $353 per square foot. The Faermans represented the undisclosed buyer in the transaction.…

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