A-Cap Acquires Office Space At 830 Brickell Plaza In Brickell
830 Brickell Plz, Miami, Florida 33131, United States
$90
$90/SF
Building Size
17,929 SF
Asset Type
Office
Closing
Jun 8, 2020
About this deal
AI
The recently leased property is located at 830 Brickell Plaza in the Brickell market. This office space spans approximately 17,929 square feet and was leased for a term of 10 years. The landlord of the property is OKO Group and Cain International. The tenant who secured the lease is A-Cap, Advantage Capital Holdings LLC. The asking rent for this space was set at $90 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 06/09/2022
- Address: 830 Brickell Plaza
- Market: Brickell
- Landlord: OKO Group & Cain International
- Tenant: A-Cap, Advantage Capital Holdings LLC
- Asking Rent: $90/ft
- Square Footage: 17,929
- Lease Term: 10 Years
Jennifer Goldstein from the Alexander Team at Douglas Elliman represented the tenant, A-Cap, Advantage Capital Holdings LLC, in the lease transaction. Ryan Holtzman, from Cushman & Wakefield, represented the landlord, OKO Group & Cain International.
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