Signature Health MD Leases 3,400 Square Feet Of Office Space At 1040 Biscayne Boulevard
1040 Biscayne Boulevard
Building Size
3,400 SF
Asset Type
Office
Closing
Jun 1, 2026
AI
The property asset involved in this transaction is located at 1040 Biscayne Boulevard P4 in Downtown Miami. This is an office asset with a total square footage of approximately 3,400 square feet. The transaction took place in the Miami, FL market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1040 Biscayne Boulevard P4
- Market: Miami, FL
- Tenant: Signature Health MD
- Brokers: Lyle Chariff & Mauricio Zapata - Chariff Realty Group
Lyle Chariff and Mauricio Zapata from Chariff Realty Group represented the medical tenant Signature Health MD in this leasing transaction. Their involvement facilitated the securing of the lease at Ten Museum Park.
Players
Market 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93