The Ibrow Spa LLC Leases 2,400 SF Retail Space At Miramar Park Place Associates For $55/ft. NNN Lease
LEASED
Florida
See Similar DealsRetail2,400 SF
Leased 01/27/2022
LEASED
The Ibrow Spa LLC Leases 2,400 SF Retail Space At Miramar Park Place Associates For $55/ft. NNN Lease
11225 Miramar Parkway, Miramar, Florida 33023, United States
See Similar DealsRetail2,400 SF
Leased 01/27/2022
Summary
FLORIDA
Asset Type:Retail
Total Square Footage:2,400 SF
Transaction Type:Lease
The Miramar Park Place Retail Development in Miramar has recently leased a retail space located at 11225 Miramar Pkwy. The property spans 2,400 square feet and is part of a new retail development. The lease terms are set for a period of 10 years, with a lease type of NNN Lease. The Ibrow Spa LLC has secured the lease for this retail space.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 01/12/2022
- Address: 11225 Miramar Pkwy - Miramar Park Place Retail Development
- Market: Miramar
In this deal, The Ibrow Spa LLC was represented by Juliana Yepes from Real Estate Sales Force, Inc. The landlord, Miramar Park Place Associates, was represented by Karen Maerovitz from Katz & Associates. The asking rent for this retail space was $55 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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