Facade Signs 10 Year Lease At 1155 Northeast 126th Street North Miami With Omega Investors Group
1155 Northeast 126th Street
Building Size
2,100 SF
Asset Type
Retail
Closing
Nov 30, 2025
AI
The property asset involved in this lease transaction is located at 1155 Northeast 126th Street in the North Miami market. The retail asset encompasses a total square footage of 2,100. The lease is structured as a Modified Gross lease with a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Term: 10 Years
- Lease Type: Modified Gross
- Landlord: Omega Investors Group
- Tenant: Facade
- Landlord's Representative: Sam Smith - Veritas Property Advisors
- Tenant's Representative: Justin Lee - STL Commercial
This lease transaction involves key representatives in the industry, with Sam Smith from Veritas Property Advisors representing Omega Investors Group as the landlord and Justin Lee from STL Commercial representing Facade as the tenant.
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