LEASEDOffice
Millennium Partners Leases 8000 Square Feet At 1435 Brickell Ave With Gordon Messinger As Landlord's Rep
1435 Brickell Ave, Miami, FL, 33131
Building Size
8,000 SF
Asset Type
Office
Closing
Aug 18, 2022
AI
The lease transaction involves an 8,000 square feet property located at 1435 Brickell Ave, Miami, FL, 33131, within the Miami market. The landlord for this property is Millennium Partners, who oversees the leasing arrangement.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1435 Brickell Ave, Miami, FL, 33131
- Market: Miami
- Landlord: Millennium Partners
- Landlord's Representative: Gordon Messinger-CBRE
- Square Feet: 8,000
Gordon Messinger from CBRE represents Millennium Partners in this leasing transaction, facilitating the agreement on their behalf.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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