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Joe’s Pizza Leases 1758 Square Feet At 240 NW 25th St Miami With Tenant's Rep Jared Robins

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LEASED

Florida

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Office1,758 SF
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LEASED

Joe’s Pizza Leases 1758 Square Feet At 240 NW 25th St Miami With Tenant's Rep Jared Robins

240 NW 25th St, Miami, FL, 33127

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Office1,758 SF
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:1,758 SF
Transaction Type:Lease

The property involved in this transaction is a 1,758-square-foot commercial space located at 240 NW 25th St, Miami, FL, 33127, situated in the Miami market. This location is part of Wynwood 25, which features a mix of residential and retail offerings, including 289 apartment units and approximately 30,000 square feet of retail and restaurant space.

Summary of transaction details:

In this lease transaction, Joe’s Pizza, a family-owned restaurant established in New York since 1975, is set to open its inaugural Miami location at Wynwood 25. Notable for its authentic New York street slice, the establishment aims to capitalize on the increasing New York migration into Wynwood and the area's growing residential and commercial developments. The deal was facilitated by brokers David Arellano and Devlin Marinoff, with a substantial history of investment and development activity in Wynwood.

Players

Joe Fernandez
15 deals$56M volume
BROKER

Jared Robins
One Sotheby’s International Realty
5 deals$17.3M volume
BROKER

Details

LEASED
IMAGE: 240 NW 25th St, Miami, FL, 33127 MARKET: Miami TENANT'S REP: Jared Robins - Sotheby's International Realty LANDLORD'S REP: Joe Fernandez - DWNTWN Realty Advisors TENANT: Joe’s Pizza LANDLORD: Unknown SQUARE FEET: 1758

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Deal Type
Effective Rent (Annual)

$100,767.50

Total Lease Value

$1,007,674.99

Net Landlord Cash Flow$100,767.50