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2121 Northwest 2nd Avenue

Steve Rohdes Leases Office To The Render Pros At 2121 NW 2nd Ave Miami
LEASEDOffice

Steve Rohdes Leases Office To The Render Pros At 2121 NW 2nd Ave Miami

2121 Northwest 2nd Avenue

$56

$56/SF

Building Size

1,850 SF

Asset Type

Office

Closing

Apr 15, 2024

AI

The office property located at 2121 NW 2nd Ave in Miami, with a lease term of 24 months, was leased to The Render Pros represented by Cole Becker and Bernardo Essenfeld. The landlords, Steve Rohdes, facilitated the lease transaction with an asking rent of $56.9 per square foot for the 1,850 square feet space.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Lease agreement
  • Address: 2121 NW 2nd Ave, Miami
  • Tenants: Cole Becker & Bernardo Essenfeld - The Render Pros
  • Landlord: Steve Rohdes
  • Brokers: Ariel Teodoro Hollender - Compass
  • Asking Rent: $56.9/ft.
  • Lease Term: 24 months

The brokers involved in the deal, Ariel Teodoro Hollender, described The Render Pros as a next-generation real estate visualization and marketing firm catering to Developers, Home Builders, and Designers. The lease transaction signifies a collaboration between key individuals and entities in the real estate sector to facilitate the growth and development of innovative real estate solutions.

Players

Ariel Teodoro Hollender

Compass

Broker

$22.8M

vol

12 deals

Broker

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

283267.86%

Cash-on-Cash

-80958.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93