Karina Grosman Of Codel Leases Retail Space At 1057 Brickell Plaza To Carrot Express
1057 Brickell Plaza
$110
$110/SF
Building Size
2,060 SF
Asset Type
Retail
Closing
Jun 9, 2025
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.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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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