Edward Abbo Leases Office Space To Comp AI At 2999 Northeast 191st Street In Aventura
2999 Northeast 191st Street
$59
$59/SF
Building Size
6,000 SF
Asset Type
Office
Closing
Jun 30, 2026
AI
The property asset involved in this transaction is an office space located at 2999 Northeast 191st Street in Aventura. The lease covers a total area of 6,000 square feet, featuring a rent of $59 per square foot under a NNN Lease structure. The lease term is set for 5 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $354,000
- Landlord: Edward Abbo
- Tenant: Comp AI
- Tenant's Representative: Mason White - Wolf Co
- Asking Rent: $59/ft
- Lease Term: 5 years
- Lease Type: NNN Lease
- Market: Aventura
The transaction was facilitated by Mason White of Wolf Co., who represented Comp AI in securing the lease for Suite 500. The successful negotiation resulted in moving from initial tours to an executed lease in under two weeks. Wolf Co. continues to represent office and retail users throughout South Florida, assisting both owners and tenants in their real estate needs.
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
268864.41%
Cash-on-Cash
-76842.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93