Muse Beauty By M Leases Retail Space At 1215 West Avenue In Miami Beach
1215 West Ave Miami Beach, FL 33139, USA
$55
$55/SF
Building Size
2,237 SF
Asset Type
Retail
Closing
Jul 6, 2023
About this deal
AI
The retail property located at 1215 West Avenue in Miami Beach has been leased. The property spans 2,237 square feet and is owned by Diego Pomerane. The tenant, Muse Beauty By M, has entered into a lease agreement for this space. The asking rent for this retail property is $55 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1215 West Avenue
- Market: Miami Beach
- Landlord: Diego Pomerane
- Tenant: Muse Beauty By M
- Asking Rent: $55/ft
- Square Footage: 2,237
Fabio Faerman and Sebastian Faerman from FA Commercial represented the landlord, Diego Pomerane, in this lease transaction.
Players
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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93