Homegoods Leases 20000 Square Feet From Blackstone Group At 3101 SW 160th Ave Miramar
3101 SW 160th Ave, Miramar, FL, 33027
Building Size
20,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this lease transaction is located at 3101 SW 160th Ave, Miramar, FL, 33027, situated in the Miramar market. The asset encompasses a total area of 20,000 square feet. The landlord of the property is Blackstone Group, while the tenant who will occupy the space is Homegoods.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3101 SW 160th Ave, Miramar, FL, 33027
- Market: Miramar
- Square Feet: 20,000
- Tenant: Homegoods
- Landlord: Blackstone Group
- Tenant's Representative: Melody Spano (Strategic Retail Advisors)
This lease transaction involves key representatives including Melody Spano from Strategic Retail Advisors, who represents Homegoods in this deal. Blackstone Group is the landowner facilitating the lease agreement with the tenant.
Players
Miramar CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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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