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701 Brickell Avenue

QF Analytics Leases Office Space At 701 Brickell Avenue In Miami
LEASEDOffice

QF Analytics Leases Office Space At 701 Brickell Avenue In Miami

701 Brickell Avenue

$125

$125/SF

Building Size

5,108 SF

Asset Type

Office

Closing

Dec 8, 2023

AI

The property involved in this lease transaction is an office located at 701 Brickell Avenue in Miami. The asset has a total square footage of 5,108 square feet. The tenant in this transaction is QF Analytics, represented by David Hunt Solomon from Berkshire Hathaway HomeServices. The lease term for this transaction is 5 years.

Summary of transaction details

  • Property Type: Office
  • Asking Rent: $125/ft.
  • Square Footage: 5,108
  • Lease Term: 5 years

David Hunt Solomon from Berkshire Hathaway HomeServices acted as the representative for QF Analytics in this lease deal.

Players

David Hunt Solomon

Coldwell Banker

Broker

$186.9M

vol

29 deals

Broker

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

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93