Laz Flores Represents Tenant In Lease Deal For Miami Beach Hotel
LEASED
$102
Florida
See Similar DealsHotel3,500 SF
Leased 11/23/2023
LEASED
Laz Flores Represents Tenant In Lease Deal For Miami Beach Hotel
1610 Collins Avenue
See Similar DealsHotel3,500 SF
Leased 11/23/2023
Summary
FLORIDA
Asset Type:Hotel
Price Per Square Foot:$102
Total Square Footage:3,500 SF
Transaction Type:Lease
The lease for a hotel property located at 1610 Collins Avenue in Miami Beach has been finalized. The property, with an asking rent of $102 per square foot and a total area of 3,500 square feet, was handled by Laz Flores of EXP Realty.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: Not specified
- Tenant's Rep: Laz Flores - EXP Realty
- Address: 1610 Collins Avenue
- Market: Miami Beach
The deal was successfully negotiated by Laz Flores, who represents the tenant in this transaction. Although the transaction amount was not specified, the property's location in the vibrant area of Miami Beach makes it a desirable asset for hotel purposes.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$409,260.49
Total Lease Value
$4,092,604.91
Net Landlord Cash Flow$409,260.49
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