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Northwest 29th Street

H&H Bagels & Sanguich Sign 10-Year Leases At Wynwood Plaza In Miami's Mixed-Use Development
LEASEDMixed-use

H&H Bagels & Sanguich Sign 10-Year Leases At Wynwood Plaza In Miami's Mixed-Use Development

Northwest 29th Street

Building Size

2,800 SF

Asset Type

Mixed-use

Closing

Mar 23, 2026

AI

The property involved in this transaction is a mixed-use asset located at 55-95 Northwest 29th Street in Miami, encompassing 2,800 square feet. The market value details are not provided, and the asset is part of a larger 1 million-square-foot development.

Summary of transaction details:

In this leasing transaction, H&H Bagels and Sanguich committed to 10-year leases, each occupying 1,400 square feet at the Wynwood Plaza, contributing to the project's goal of achieving over 40% lease status. The leasing activity was facilitated by the landlord's representatives, with significant involvement from Newmark brokers.

Players

Jeremy Modest

Ripco

Broker

7 deals

Broker

David Weitz

Landlord

$873.8M

vol

7 deals

Landlord
H&H Bagels
H&H BagelsTenant
Sanguich
SanguichTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93