Karina Grosman Of Codel Leases Retail Space At 1057 Brickell Plaza To Carrot Express
1057 Brickell Plaza
Building Size
2,060 SF
Asset Type
Retail
Closing
Jun 9, 2025
About this deal
AI
A retail space located at 1057 Brickell Plaza in Miami has been leased for a rent of $110 per square foot. This property comprises 2,060 square feet and is part of a high-traffic area, providing excellent visibility to potential clientele.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $226,600
- Address: 1057 Brickell Plaza
- Landlord: Karina Grosman - Codel
- Tenant: Carrot Express
- Brokers: Fabio Faerman & Sebastian Faerman - FA Commercial
- Lease Type: NNN Lease
Fabio Faerman and Sebastian Faerman from FA Commercial represented the tenant, Carrot Express, in this lease transaction. The strategic location is surrounded by prominent establishments and offers a dynamic mix of high-end residences and businesses, contributing to the brand's growth potential in Miami.
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Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
144209.09%
Cash-on-Cash
-41215.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93