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801 Brickell Avenue

Monarch Alternative Capital Leases Office Space To Elektron Energy At 801 Brickell Avenue
LEASEDOffice

Monarch Alternative Capital Leases Office Space To Elektron Energy At 801 Brickell Avenue

801 Brickell Avenue

$107

$107/SF

Building Size

2,243 SF

Asset Type

Office

Closing

Jan 31, 2026

AI

The asset involved in this transaction is located at 801 Brickell Avenue in Miami, classified as an office space. The lease agreement is a Full Service Gross type with a duration of 5 years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: 5 Years
  • Lease Type: Full Service Gross
  • Landlord: Monarch Alternative Capital
  • Tenant: Elektron Energy
  • Tenant's Representative: Miguel Solis & Brandon Sors - Douglas Elliman
  • Landlord's Representatives: Tom Farmer & Stephen Rutchik - Colliers

The deal involved significant representation, with Miguel Solis and Brandon Sors from Douglas Elliman representing Elektron Energy, while the landlord, Monarch Alternative Capital, was represented by Tom Farmer and Stephen Rutchik from Colliers.

Players

Stephen Rutchik

Colliers

Broker

25 deals

Broker
Monarch Alternative Capital
Monarch Alternative CapitalLandlord

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

148252.34%

Cash-on-Cash

-42370.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93