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151 Southeast 1st Street

Iani Silveira Of Bella Vida Aesthetics Leases Office Space At 151 Southeast 1st Street Miami
LEASEDOffice

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

Linn Ahsberg

Urban Core

Broker

$8.4M

vol

5 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

288418.18%

Cash-on-Cash

-82430.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93