Posts Tagged ‘Triple Net 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…
Read MoreFabio Faerman closes lease for new chiropractic clinic in 1060 Brickell Plaza
For Immediate Release (11/2/2019) Fabio Faerman CCIM and Sebastian Faerman, of FA Commercial – Commercial division of Fortune International Realty – just closed a long-term lease for a retail space located on the ground floor of 1060 Brickell Plaza. The Faermans represented the landlord in the transaction. The new tenant of the building is Snap Crack, a…
Read MoreSebastian 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…
Read MoreFabio Faerman closes lease for new cross-fit gym in Millecento building
For Immediate Release (07/3/2019) Fabio Faerman CCIM, of FA Commercial Advisors – Commercial division of Fortune International Realty – just closed the deal for a 3,354 Sq. Ft. retail space located in the mezzanine level of the coveted Millecento building at Brickell. Faerman represented the landlord in this transaction, which closed the deal on a…
Read MoreThe 5 things you should know before signing a Triple Net lease agreement
When you are seeking to invest in commercial real estate, there are many ways of spending your money in the market. One of the most efficient ways to spend that money would be by buying a property & then leasing it as a Triple Net Lease Agreement (NNN). This specific kind of lease is investor’s…
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