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3401 Northwest 7th Avenue

Maria Crespo Leases Mixed-Use Property At 3401 Northwest 7th Avenue To Asad Sadar
LEASEDMixed-use

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:

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

Joshua Jimenez

Fausto Commercial Realty Consultants

Broker

$4.4M

vol

4 deals

Broker
Fausto Commercial Realty Consultants
Fausto Commercial Realty ConsultantsBrokerage

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