Peter Thiel Leases 18,158 Square Feet At 830 Brickell Avenue For Family Office In Miami
830 Brickell Avenue
$250
$250/SF
Building Size
18,158 SF
Asset Type
Office
Closing
Jun 4, 2026
About this deal
AI
830 Brickell Avenue, located in Miami, FL, houses office space with a total square footage of 18,158. The property commands an asking rent of $250 per square foot. The 44th floor of the skyscraper has been leased by Peter Thiel, who is expanding his family office's presence in South Florida.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $250/ft
- Square Footage: 18,158
- Address: 830 Brickell Avenue, Miami, FL
- Tenant: Peter Thiel
Peter Thiel's move to lease this significant office space fits into a broader trend of tech and finance professionals consolidating their operations in Miami's financial core.
On the Map
$250
$250/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93