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Wilder Zapata's Action Black Secures Lease At 1100 Brickell Bay Drive, Miami

Property Image
LEASED
Jake Freeman
Jonathan Rosen
+ 1

Florida

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Retail8,501 SF
Leased 06/07/2024
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Property Image
LEASED

Wilder Zapata's Action Black Secures Lease At 1100 Brickell Bay Drive, Miami

1100 Brickell Bay Drive

See Similar Deals
Retail8,501 SF
Leased 06/07/2024
Jake Freeman
Jonathan Rosen
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,501 SF
Transaction Type:Lease

The retail property located at 1100 Brickell Bay Drive in Miami, spanning 8,501 square feet, was leased for a 10-year term. The landlord, Florida East Coast Realty, secured Wilder Zapata's fitness concept, Action Black, as the tenant for this space in Brickell’s Panorama Tower.

Summary of transaction details:

Action Black, a fitness concept from Medellín, Colombia, is expanding globally with Miami being its next destination. Offering various fitness activities like boxing, bootcamp workouts, cycling, yoga, and dance, the gym is scheduled to open in the first half of 2025 with plans for 150 clubs worldwide, including the U.S. and Spain.

Players

Kevin Gonzalez
16 deals(305) 896-3900
BROKER

Jake Freeman
Colliers
7 deals$4.9M volume(305) 372-8206
BROKER

Jonathan Rosen
JLL
6 deals$2.4M volume
BROKER

Details

LEASED
IMAGE: Wilder Zapata, Ana Paula, Jonathan Rosen, Jake Freeman & Kevin Gonzalez DATE: 06/07/2024 ADDRESS: 1100 Brickell Bay Drive MARKET: Miami ASSET TYPE: Retail ~ SF: 8,501 LANDLORD: Florida East Coast Realty (@FloridaEastCoastRealty) TENANT: Wilder Zapata (@Wlder.ZapataTorres) - Action Black (@actionblack.co) (@actionblack.us) LANDLORD'S REP: Ana Paula, Kevin Gonzalez (@GiveItToGonz) & Jake Freeman - Colliers (@ColliersInternational) TENANT'S REP: Jonathan Rosen - JLL (@JLL) LEASE TERM: 10-year NOTE: Action Black, the fitness concept from Medellín, Colombia, is set to debut in Miami in a 8,501-square-foot space on the second floor of Brickell’s Panorama Tower. Scheduled to open in the first half of 2025, this gym offers a range of fitness activities, including boxing, bootcamp workouts, cycling, yoga, and dance, as part of its global expansion plans, with 150 clubs slated across various countries including the U.S. and Spain.

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Deal Type
Effective Rent (Annual)

$487,272.19

Total Lease Value

$4,872,721.90

Net Landlord Cash Flow$487,272.19