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1100 South Miami Avenue, Do...

Urban Eel Leases Retail Space In Brickell, Miami At 1100 South Miami Avenue From Ledoc
LEASEDRetail

Urban Eel Leases Retail Space In Brickell, Miami At 1100 South Miami Avenue From Ledoc

1100 South Miami Avenue, Downtown Miami, Miami, FL, USA

Building Size

8,783 SF

Asset Type

Retail

Closing

Mar 18, 2021

AI

The retail property located at 1100 South Miami Avenue in Brickell, Miami has been leased by Urban Eel. The landlord in this transaction is Ledoc. The lease was facilitated by brokers Fabio Faerman and Sebastian Faerman from FA Commercial, along with Zach Winkler from JLL. The lease was signed on March 19, 2021.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1100 South Miami Avenue, Brickell, Miami
  • Market: Brickell, Miami

This leasing deal involved the tenant, Urban Eel, securing the retail space at 1100 South Miami Avenue. Ledoc, the landlord, facilitated the lease agreement. Fabio Faerman and Sebastian Faerman from FA Commercial, along with Zach Winkler from JLL, represented the respective parties in this transaction.

Players

Fabio Faerman

FA Commercial

Broker

$271.8M

vol

63 deals

Broker
Fortune International Realty
Fortune International RealtyBrokerage

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93