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545 Northwest 26th Street

Goldman Properties Leases Retail Space At 545 Northwest 26th Street To The American Bar
LEASEDOffice

Goldman Properties Leases Retail Space At 545 Northwest 26th Street To The American Bar

545 Northwest 26th Street

Building Size

11,000 SF

Asset Type

Office

Closing

Jul 8, 2026

AI

The retail asset located at 545 Northwest 26th Street in Miami is the focus of this lease transaction. This property falls within the vibrant Miami market and represents an opportunity for the involved parties under a NNN lease structure.

Summary of transaction details:

In this lease agreement, Goldman Properties serves as the landlord to The American Bar, with Alfredo Riascos and Emilia Howard representing the landlord's interests through Gridline Properties. The tenant is represented by David Lerner from DWNTWN Realty Advisors, highlighting the collaborative efforts in securing this leasing agreement.

Players

David Lerner

DWNTWN Realty Advisors

Broker

$24.4M

vol

8 deals

Broker
Goldman Properties
Goldman PropertiesLandlord

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