REBEGOL, LLC Leases Office Space In Wynwood At 120 NW 25 St Suite # 301
120 NW 25th St, Wynwood, Miami, FL, USA
Building Size
2,412 SF
Asset Type
Office
Closing
Feb 8, 2021
AI
An office space located at 120 NW 25 St Suite # 301 in Wynwood has been leased. The property, with a square footage of 2,412, was leased by REBEGOL, LLC. The landlord, DTM LLC of Lombardi Properties, facilitated the lease transaction. The deal was brokered by Adam Henick, Brandon Charnas, and Stefano Santoro of Current Real Estate. The asking rent for the office space was $30 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 120 NW 25 St Suite # 301
- Market: Wynwood
The leasing of this office space demonstrates the demand for commercial properties in the Wynwood market. The involvement of REBEGOL, LLC as the tenant and DTM LLC as the landlord highlights the continued activity in the area. The deal was successfully facilitated by the team at Current Real Estate, including brokers Adam Henick, Brandon Charnas, and Stefano Santoro.
Players
Miami 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93