Posts Tagged ‘NNN lease’

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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FA Commercial Featured on CCIM

This interview was originally published on the Florida CCIM chapter’s website. To view the original article, click here Fabio Faerman, CCIM and his son, Sebastian Faerman, of FA Commercial in Miami found their investor client exactly what they needed – an investment property with room to grow. The property, located in South Florida, is a NNN Walgreens,…

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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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Sebastian Faerman closes lease for new Freddo Gelato in Coral Gables

For Immediate Release (10/04/2019) Sebastian Faerman of FA Commercial Advisors – Commercial division of Fortune International Realty – just closed a lease for 900 SF space located at 176 Giralda Avenue. Faerman represented the tenant – Freddo Gelato – in the transaction. The lease closed for an undisclosed amount on a 5-year lease with a…

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