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3101 SW 160th Ave, Miramar,...

Homegoods Leases 20000 Square Feet From Blackstone Group At 3101 SW 160th Ave Miramar
LEASED

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

Melody Spano

Strategic Retail Advisors

Broker

2 deals

Broker
Blackstone
BlackstoneLandlord

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