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100 Biscayne Blvd Miami, FL...

Updated Dec 4, 2024

RFR Realty To Bring The Bloom & Shade To 100 Biscayne In Downtown Miami
LEASEDRetail

RFR Realty To Bring The Bloom & Shade To 100 Biscayne In Downtown Miami

100 Biscayne Blvd Miami, FL 33132, USA

$40

$40/SF

Building Size

5,000 SF

Asset Type

Retail

Closing

Jun 14, 2023

About this deal

AI

The Macromia Group has signed a lease agreement with RFR Realty to bring The Bloom & Shade, an elevated "fast-casual" food hall concept, to downtown Miami's 100 Biscayne Boulevard. The venue will offer outdoor seating, catering, take-out orders, and transform into a bar and lounge at night. The retail space, spanning 5,000 square feet, will be located at the address 100 Biscayne Boulevard in Miami. The asking rent for the lease is $40 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 100 Biscayne Boulevard, Miami
  • Market: Miami
  • Landlord: The Macromia Group - J.D. Hilburn
  • Tenant: RFR Realty - Rosen & Michael Fuchs
  • Asking Rent: $40/ft.
  • Square Footage: 5,000

RFR Realty, represented by Rosen & Michael Fuchs, has secured a lease agreement with The Macromia Group to introduce The Bloom & Shade in downtown Miami. This "fast-casual" food hall concept will not only provide dining options but also offer a versatile space that can cater to different needs throughout the day and evening.

Players

Miami Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $40 per square foot on a published $40 for 5,000 square feet (2023).

Browse Florida retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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