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Doug Levine Leases Mixed-Use Property At 7225 Northwest 7th Avenue To Sol Squash For $25/ft

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LEASED
$25

Florida

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Mixed-use10,000 SF
Leased 11/01/2024
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LEASED

Doug Levine Leases Mixed-Use Property At 7225 Northwest 7th Avenue To Sol Squash For $25/ft

7225 Northwest 7th Avenue

See Similar Deals
Mixed-use10,000 SF
Leased 11/01/2024
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$25
Total Square Footage:10,000 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 7225 Northwest 7th Avenue in the Little River market of Miami. It is classified as a mixed-use asset. The lease covers an area of 10,000 square feet with an asking rent of $25 per square foot. The lease term is five years, with two additional five-year options available. This lease follows a NNN (Triple Net) structure.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $25/ft
  • Square Footage: 10,000
  • Address: 7225 Northwest 7th Avenue
  • Market: Little River, Miami
  • Lease Term: 5 years with 2 five year options
  • Lease Type: NNN Lease
  • Landlord: Doug Levine
  • Tenant: Sol Squash
  • Landlord & Tenant's Rep: Morgan Blittner - Brown Harris Stevens

Key individuals in this transaction include Doug Levine, who is the landlord, and Sol Squash, the tenant. Morgan Blittner of Brown Harris Stevens represents both the landlord and the tenant in this lease agreement.

Players

Morgan Blittner
9 deals$66.3M volume(305) 710-3704
BROKER

Details

LEASED
IMAGE: Morgan Blittner & Doug Levine DATE: 11/01/2024 ADDRESS: 7225 Northwest 7th Avenue MARKET: Little River, Miami ASSET TYPE: Mixed-use LANDLORD: Doug Levine TENANT: Sol Squash LANDLORD & TENANT'S REP: Morgan Blittner (@MorganBlittner) - Brown Harris Stevens (@BrownHarrisStevens) ASKING RENT: $25/ft ~ SF: 10,000 LEASE TERM: 5 years with 2 five year options LEASE TYPE: NNN Lease

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Deal Type
Effective Rent (Annual)

$286,596.98

Total Lease Value

$2,865,969.83

Net Landlord Cash Flow$286,596.98