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1155 Northeast 126th Street

Facade Signs 10 Year Lease At 1155 Northeast 126th Street North Miami With Omega Investors Group
LEASEDRetail

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

Justin Lee

STL Commercial

Broker

$18.4M

vol

7 deals

Broker
 STL Commercial
STL CommercialBrokerage

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