Spaces Leases 51064 Square Feet At 111 Lincoln Rd Miami Beach From CBRE Global Investors
111 Lincoln Rd, Miami Beach, FL, 33139
Building Size
51,064 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The lease property is located at 111 Lincoln Rd, Miami Beach, FL, 33139, within the Miami Beach market. The total square footage of the leased space is 51,064 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 111 Lincoln Rd, Miami Beach, FL, 33139
- Market: Miami Beach
- Tenant: Spaces
- Landlord: CBRE Global Investors
- Tenant's Representative: Gavin Macphail-JLL
The transaction involves the leasing agreement between the tenant, Spaces, and the landlord, CBRE Global Investors. Gavin Macphail from JLL represents the tenant in this deal.
On the Map
Office
View full map
Players
Miami Beach Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Florida office leases on Traded.
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