facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Lease

/

110 Northwest 10th Street

Miki Naftali Of Naftali Group Leases Retail Space To ITO•Kaya And SunLife Organics In Miami
LEASEDRetail

Miki Naftali Of Naftali Group Leases Retail Space To ITO•Kaya And SunLife Organics In Miami

110 Northwest 10th Street

Building Size

Asset Type

Retail

Closing

Apr 13, 2026

AI

The property asset involved in the transaction is located at 110 Northwest 10th Street in Miami, classified under the retail asset type. The location is part of the JEM Private Residences at Miami Worldcenter, which is currently under vertical construction, enhancing the mixed-use luxury development's offerings with new dining and wellness options.

Summary of transaction details:

The deal involves key individuals from the Naftali Group and VCR Group, with Miki Naftali representing the landlord. The tenants are collectively enhancing the retail component with ITO•Kaya, a Japanese dining concept, and SunLife Organics, thereby supporting the project's positioning in the marketplace.

Players

Masa Ito

ITO•Kaya

Broker

1 deal

Broker

Miki Naftali

Naftali Group

Landlord

$3.9B

vol

31 deals

Landlord

Gary Vaynerchuk

VCR Group

Tenant

3 deals

Tenant

Miami Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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