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Oscar A. De La Rosa's De La Rosa Law Leases 6,000 SF Office Space In Miami

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LEASED
$43

Florida

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Office6,000 SF
Leased 03/21/2023
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LEASED

Oscar A. De La Rosa's De La Rosa Law Leases 6,000 SF Office Space In Miami

850 Northwest 42nd Avenue

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Office6,000 SF
Leased 03/21/2023
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$43
Total Square Footage:6,000 SF
Transaction Type:Lease

The office building located at 850 Northwest 42nd Avenue in Miami has been leased. The property spans 6,000 square feet and is owned by Ivan Herrera. The tenant, De la Rosa Law, represented by Oscar A. De La Rosa, has signed a lease agreement for a term of 5 years. The asking rent for the space was $43 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 850 Northwest 42nd Avenue, Miami
  • Landlord: Ivan Herrera
  • Tenant: Oscar A. De La Rosa - De la Rosa Law
  • Lease Term: 5 Years
  • Asking Rent: $43 per square foot

Oscar A. De La Rosa from De la Rosa Law represented the tenant, negotiating the lease agreement for the office space at 850 Northwest 42nd Avenue in Miami. This transaction demonstrates the ongoing demand for commercial real estate in the area.

Details

LEASED
IMAGE: Oscar A. De La Rosa DATE: 03/21/2023 ADDRESS: 850 Northwest 42nd Avenue MARKET: Miami ASSET TYPE: Office LANDLORD: Ivan Herrera TENANT: Oscar A. De La Rosa (@OscarADelaRosa) - De la Rosa Law ASKING RENT: $43/ft ~ SF: 6,000 LEASE TERM: 5 Years

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Deal Type
Effective Rent (Annual)

$295,768.09

Total Lease Value

$2,957,680.86

Net Landlord Cash Flow$295,768.09