Maria Crespo Leases Mixed-Use Property At 3401 Northwest 7th Avenue To Asad Sadar
3401 Northwest 7th Avenue
$46
$46/SF
Building Size
3,120 SF
Asset Type
Mixed-use
Closing
Dec 14, 2025
AI
The property involved in the transaction is a mixed-use asset located at 3401 Northwest 7th Avenue in the Miami market. The total square footage of the leased space is 3,120, with an asking rent of $46 per square foot. The lease agreement is structured as a modified gross lease for a term of 5 years.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 3401 Northwest 7th Avenue
- Market: Miami
- Asking Rent: $46/ft
- Lease Term: 5 years
- Lease Type: Modified Gross Lease
- Landlord: Maria Crespo
- Tenant: Asad Sadar
- Brokers: Sebastian Chamizo - One Sotheby’s International Realty; Joshua Jimenez & Tony Saladrigas - Fausto Commercial Realty Consultants
The deal features key participants including Landlord Maria Crespo, who oversees the property, and Tenant Asad Sadar, who will be occupying the leased space. The transaction is facilitated by brokers Sebastian Chamizo from One Sotheby’s International Realty and the team of Joshua Jimenez and Tony Saladrigas from Fausto Commercial Realty Consultants, representing the respective parties in this lease agreement.
Players
Miami Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
344847.83%
Cash-on-Cash
-98558.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93