David Hunt Solomon & Jacqueline Oliva Of Berkshire Hathaway Lease Office Sapce At 601 Brickell Key Drive In Miami As Tenant Rep
601 Brickell Key Drive
$90
$90/SF
Building Size
3,968 SF
Asset Type
Office
Closing
Apr 16, 2024
AI
The office located at 601 Brickell Key Drive in Miami, spanning 3,968 square feet, was leased for $90 per square foot. The lease agreement, with a duration of 3 years, was finalized on April 16, 2024.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease agreement at $90 per square foot for 3 years
- Tenant's Rep: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
David Hunt Solomon and Jacqueline Oliva from Berkshire Hathaway HomeServices represented the tenant in the lease agreement at 601 Brickell Key Drive. The transaction highlights their role as tenant representatives in securing the office space.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93