Career Group Companies Leases Office Space In Miami's 4141 NE 2 AVE For $43/ft
4141 Northeast 2nd Avenue, Miami, FL, USA
Building Size
3,000 SF
Asset Type
Office
Closing
Mar 31, 2021
About this deal
AI
Located at 4141 NE 2 AVE Suite 203 A in Miami, this office space has recently been leased. The deal was finalized on April 1, 2021.
Summary of transaction details
- Property Type: Office
- Market: Miami
- Square Footage: 3,000 SF +/-
- Asking Rent: $43 per square foot
The tenant, Career Group Companies, signed the lease agreement with the landlord, Dacra Realty Inc. The tenant was represented by Brandon Charnas & Stefano Santoro of Current Real Estate, while the landlord was represented by Dacra Realty Inc.
This lease transaction showcases the collaboration between Career Group Companies and Dacra Realty Inc. Both parties have successfully negotiated the terms, leading to an agreement on the lease. The office space is approximately 3,000 square feet in size and is located at 4141 NE 2 AVE Suite 203 A in Miami.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93