Parkway Properties Leases Office Space To Zilch At 1111 Brickell Avenue In Miami
1111 Brickell Avenue
$102
$102/SF
Building Size
3,008 SF
Asset Type
Office
Closing
Jan 15, 2023
About this deal
AI
The leased property located at 1111 Brickell Avenue in Miami has been transacted between Parkway Properties as the landlord and Zilch as the new tenant. The transaction was facilitated by Alec Kirschner from Current Real Estate Advisors, representing Zilch.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Address: 1111 Brickell Avenue
- Market: Miami
The leased property has a total square footage of 3,008 square feet, with an asking rent of $102 per square foot.
The office lease at 1111 Brickell Avenue in Florida leased for $102 in 2023. The building is 3,008 square feet, implying about 102 per square foot on the published price. Alec Kirschner, Current Real Estate Advisors appear on the lease alongside Current Real Estate Advisors. This page is the Florida file for the 1111 Brickell Avenue office leased: pricing, party profiles, and other closed office comps from the same Florida sit in the Market section below. Filter that local office set by closing date to see what else leased near 1111 Brickell Avenue around 2023. Published consideration for 1111 Brickell Avenue is $102, dated 2023. Cite this Parkway Properties Leases Office Space To Zilch At 1111 Brickell Avenue In Miami lease when underwriting similar office product around Florida.
Players
Market Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
155519.61%
Cash-on-Cash
-44447.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93