Posts Tagged ‘Retail’

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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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 Closed: $8.5M Retail Condo – Brickell Bay Boardwalk

For Immediate Release (3/2/2020) Fabio Faerman and Sebastian Faerman of FA Commercial, the commercial division of Fortune International Realty, just closed an approximately 6,900 square-foot space located at 801 Brickell Bay Drive. The retail space was sold for $8,500,000, which translates to  approximately $1,231 per square foot. The international buyer will be an end user of the space. The…

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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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