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7448 Northeast 4th Court

Emilio Robba Leases 5000-SF Office Space At 7448 Northeast 4th Court In Miami
LEASEDOffice

Emilio Robba Leases 5000-SF Office Space At 7448 Northeast 4th Court In Miami

7448 Northeast 4th Court

Building Size

5,000 SF

Asset Type

Office

Closing

Dec 2, 2024

AI

Emilio Robba has leased a 5,000-sf office space located at 7448 Northeast 4th Court in Miami’s Little River neighborhood. The transaction adds to the office market in the area, reflecting an ongoing demand for commercial spaces.

Summary of transaction details:

The deal was facilitated by Alejandro Agudelo, Lyle Chariff, and Mauricio Zapata, representing Chariff Realty Group, who played a crucial role in securing this office lease for Emilio Robba in a competitive market.

Players

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 deals

Broker

Miami Shores 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