Wynwood Architects Signs 5-Year NNN Lease With Zelcer Family For 20000 SF Industrial Space
LEASED
$18
Florida
See Similar DealsIndustrial20,000 SF
Leased 08/12/2025
LEASED
Wynwood Architects Signs 5-Year NNN Lease With Zelcer Family For 20000 SF Industrial Space
1756 Northwest 23rd Street
See Similar DealsIndustrial20,000 SF
Leased 08/12/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$18
Total Square Footage:20,000 SF
Transaction Type:Lease
This industrial asset is located at 1756 Northwest 23rd Street in Miami, with a lease term of 5 years under a NNN lease structure. The asking rent is set at $18 per square foot for a total of 20,000 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18/ft
- Lease Term: 5 years
- Lease Type: NNN Lease
- Landlord: Zelcer Family
- Tenant: Wynwood Architects
- Broker: Noah Ohayon - AXIOM Capital Advisors
Noah Ohayon of Axiom Capital Advisors successfully represented both the Zelcer Family and Wynwood Architects in this leasing transaction, marking a significant achievement in the Allapattah submarket.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$429,895.47
Total Lease Value
$4,298,954.74
Net Landlord Cash Flow$429,895.47
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