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:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 545 Northwest 26th Street
- Market: Miami
- Landlord: Goldman Properties
- Tenant: The American Bar
- Landlord's Representative: Alfredo Riascos & Emilia Howard - Gridline Properties
- Tenant's Representative: David Lerner - DWNTWN Realty Advisors
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
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