Sebastien Scemla Of Omega Investors Group Leases Retail Space To Sweet Melody Ice Cream In North Miami
1111 Northeast 125th Street
Building Size
1,300 SF
Asset Type
Retail
Closing
Dec 2, 2025
AI
The property asset involved in this transaction is a retail space located at 1111 Northeast 125th Street in the North Miami market. The lease term is set for 10 years under a NNN lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1111 Northeast 125th Street
- Market: North Miami
- Landlord: Sebastien Scemla - Omega Investors Group
- Tenant: Sweet Melody Ice Cream
- Landlord's Representative: Samuel Smith - Veritas Property Advisors
- Tenant's Representative: Justin Lee - STL Commercial
This deal involves prominent individuals and companies, with Sebastien Scemla representing Omega Investors Group as the landlord and Justin Lee representing STL Commercial for the tenant, Sweet Melody Ice Cream. Samuel Smith acts as the landlord's representative from Veritas Property Advisors.
Players
North 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