Iani Silveira Of Bella Vida Aesthetics Leases Office Space At 151 Southeast 1st Street Miami
151 Southeast 1st Street
$55
$55/SF
Building Size
1,675 SF
Asset Type
Office
Closing
Oct 15, 2024
AI
The property asset involved in this transaction is an office space located at 151 Southeast 1st Street in Miami. The square footage of the property is 1,675 and it is being leased at an asking rent of $55 per square foot under a Full Service Gross lease type.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55/ft
- Address: 151 Southeast 1st Street
- Market: Miami
- Landlord: Clear Spaces
- Tenant: Iani Silveira - Bella Vida Aesthetics
- Landlord's Representative: Shai Ben Ami & Linn Ahsberg - Urban Core
- Tenant's Representative: Camila Arango - Luxe Properties
- Square Footage: 1,675
- Lease Type: Full Service Gross
Key individuals involved in the lease include Iani Silveira, representing Bella Vida Aesthetics as the tenant. The landlord, Clear Spaces, is represented by Shai Ben Ami and Linn Ahsberg from Urban Core. Camila Arango from Luxe Properties serves as the tenant's representative in this transaction.
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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93