The mixed-use asset located at 726 41st Street 2nd Floor in the Miami Beach market has been leased for a square footage of 1,630. The asking rent for this lease is set at $45 per square foot. The lease term agreed upon is three years, and it operates under a single net lease structure.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $45/ft
• Lease Term: 3 years
• Lease Type: Single Net Lease
• Tenant: Paragon Brazilian Jiu Jitsu
• Landlord's Representative: Sam Kafin & Isaac Kessler - Compass
• Tenant's Representative: David Hunt Solomon & Jacqueline Oliva - Coldwell Banker Realty

David Hunt Solomon, representing the tenant, has brought renowned Brazilian Jiu Jitsu Black Belt Marco Correa and Paragon to this new location on Arthur Godfrey Rd. The partnership aims to enhance community engagement by promoting self-defense, discipline, and integrity among residents and children through Brazilian Jiu Jitsu training.