Cancer Research Clinic Leases Hospital At 13400 Southwest 120th Street For 10 Years With Shanna Naim
13400 Southwest 120th Street
$40
$40/SF
Building Size
6,500 SF
Asset Type
Hospital
Closing
Jun 3, 2026
About this deal
AI
The asset involved in this transaction is a hospital located at 13400 Southwest 120th Street in Miami. The property spans 6,500 square feet and is significant for accommodating a medical facility, specifically a cancer research clinic.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: Not specified
- Lease Term: 10 Years
- Lease Type: NNN Lease
- Landlord: London Square
- Tenant: Cancer Research Clinic
- Tenant's Representative: Shanna Naim - Skyview Real Estate Partners
Shanna Naim of Skyview Real Estate Partners represented the Cancer Research Clinic in securing this lease as their first location in South Florida. The lease agreement is structured as a triple net (NNN) lease, indicating the tenant is responsible for property expenses including taxes, insurance, and maintenance.
On the Map
$40
$40/SF
Hospital
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Miami Hospital Market Snapshot
Boundary boundary · Hospital · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93