LACAD LLC Leases 2100 Square Feet Office Space At 3050 Biscayne Boulevard In Miami
3050 Biscayne Boulevard, STE 703
Building Size
2,100 SF
Asset Type
Office
Closing
Oct 22, 2024
AI
3050 Biscayne Boulevard, Suite 703 is located in Miami's Edgewater area, encompassing 2,100 square feet of office space. This asset is situated in a market known for its vibrant business environment.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 3050 Biscayne Boulevard Suite 703
- Market: Miami
- Tenant: LACAD, LLC
- Brokers: Jenna Cohen, Lyle Chariff & Mauricio Zapata - Chariff Realty Group
This lease was brokered by Lyle Chariff, Mauricio Zapata, and Jenna Cohen representing Chariff Realty Group, highlighting their role in facilitating this transaction for LACAD, LLC within the Miami office market.
Players
Del Mar Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93