facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Lease

/

1545 Northwest 123rd Street

Lease Agreement Finalized For 3,436 SF Office At 1545 Northwest 123rd Street North Miami
LEASEDOffice

Lease Agreement Finalized For 3,436 SF Office At 1545 Northwest 123rd Street North Miami

1545 Northwest 123rd Street

$4,000

$4,000/SF

Building Size

3,436 SF

Asset Type

Office

Closing

Aug 27, 2024

AI

The lease transaction involved a 3,436 square foot office space located at 1545 Northwest 123rd Street, North Miami, with an asking rent of $4,000 per month. This office asset is positioned in the North Miami market.

Summary of transaction details:

APEX Capital Realty's brokers, Paola Chapman and Tatiana Escobar, successfully facilitated the lease agreement for the office space, representing both the landlord and the tenant in the transaction.

Players

Tatiana Escobar

APEX Capital Realty

Broker

$17.5M

vol

6 deals

Broker

North 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

3965.75%

Cash-on-Cash

-1133.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93