Hyde NN Retail

Investment Overview

FA Commercial is pleased to present this NN property located at the 9th floor of the Hyde Beach. The Terrazas Restaurant/Pool Bar is on the 9th floor of the property, which is also home to the only pool in the building.

Investment Highlights

• Terrazas rent is well under market, providing a huge value add opportunity
• Terrazas has exclusive right to serve food and beverage in the entire building
• Tenant also pays HOA fees (HOA: $53,351)
• 30 parking spaces available for clients
• Years left on base term: 1 year
• Two 5-year options
• Increases: 4%
• RE Tax: $30,000