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DWNTWN Realty Advisors Leases Luxury Retail Space At Design 41 In Miami's Design District

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LEASED

Florida

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Retail1,832 SF
Leased 04/06/2021
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LEASED

DWNTWN Realty Advisors Leases Luxury Retail Space At Design 41 In Miami's Design District

112 Northeast 41st Street, Miami Design District, Miami, FL, USA

See Similar Deals
Retail1,832 SF
Leased 04/06/2021
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Summary

FLORIDA
Asset Type:Retail
Total Square Footage:1,832 SF
Transaction Type:Lease

DWNTWN Realty Advisors has leased out 1,832 SF of luxury retail space at Design 41, located at 112 NE 41st Street in the Design District of Miami. Design 41 is a 7-story boutique building known for its upscale office and retail offerings, featuring architecture by globally renowned Enrique Norten of TEN Arquitectos. It is one of the only Class A office buildings in the Design District.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 112 NE 41st Street, Miami
  • Market: Design District
  • Landlord: Design 41
  • Brokers: Tony Arellano, P.A. & Joe Fernandez - DWNTWN Realty Advisors
  • Asking Rent: $210/ft.
  • Square Footage: 1,832 SF

The deal was facilitated by Tony Arellano, P.A. and Joe Fernandez of DWNTWN Realty Advisors, who represented the tenant in securing the lease agreement for the luxury retail space at Design 41.

Players

Tony Arellano
152 deals$1.6B volume
BROKER

Joe Fernandez
DWNTWN Realty Advisors
15 deals$56M volume
BROKER

Details

LEASED
IMAGE: Joe Fernandez & Tony Arellano DATE: 04/06/2021 ADDRESS: 112 NE 41st Street MARKET: Design District, Miami ASSET TYPE: Retail LANDLORD: Design 41 BROKERS: Tony Arellano, P.A. & Joe Fernandez - DWNTWN Realty Advisors ASKING RENT: $210/ft. ~ SF: 1,832 NOTE: DWNTWN Realty Advisors has leased out 1,832 SF of luxury retail space at Design 41. Design 41 is a 7-story boutique building offering upscale office and retail with architecture by globally renowned Enrique Norten of TEN Arquitectos. It is one of the only Class A office buildings in the Design District.

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Deal Type
Effective Rent (Annual)

$105,009.13

Total Lease Value

$1,050,091.34

Net Landlord Cash Flow$105,009.13