Ytech's Yamal Yidios Leases 6,400 SF Retail Space On Brickell Avenue To Major Food Group | 1500 Brickell Avenue | Retail | Lease

Summary

Lease

FLORIDA

Retail

6,400 sqft

Ytech, owned by Yamal Yidios, has entered into a lease agreement for a retail space located at 1500 Brickell Avenue in Miami. The property spans 6,400 square feet and is situated in the Brickell neighborhood, a prominent market in Miami.

Summary of transaction details:

Property Type: Retail
Transaction Amount: Not provided
Address: 1500 Brickell Avenue
Market: Miami
Square Footage: 6,400

The landlord of the property is Ytech, represented by Yamal Yidios. On the other hand, the tenant is Major Food Group, consisting of Mario Carbone, Jeff Zalaznick, and Rich Torrisi. Major Food Group will be opening a Mexican restaurant and private club called Chateau ZZ's at the historic Château Petit Douy in Brickell.

It is important to note that the lease agreement is for a 20-year term with two five-year extensions, previously negotiated with the property's previous owner.

Details

Deal Summary

LEASED

IMAGE: Yamal Yidios, Jeff Zalaznick, Mario Carbone & Rich Torrisi DATE: 12/01/2023 ADDRESS: 1500 Brickell Avenue MARKET: Miami ASSET TYPE: Retail ~ SF: 6,400 LANDLORD: Ytech (@WeareYtech) - Yamal Yidios TENANT: Major Food Group - Mario Carbone (@MarioCarbone), Jeff Zalaznick & Rich Torrisi (@RichTorrisi) LEASE TERM: 20-year lease with two five-year extensions with the previous property owner in Brickell NOTE: Major Food Group is opening Chateau ZZ’s, a Mexican restaurant and private club, at the historic Château Petit Douy in Miami's Brickell neighborhood later this month. The 6,400-square-foot space, acquired by developer Yamal Yidios’ Ytech last year, will feature a Mexican restaurant on the first floor and a private club for ZZ’s members on the second floor.

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Address1500 Brickell Avenue

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