Fresenius Kidney Care South Miami Leases Retail Space At 17520 South Dixie Highway For 10 Years
17520 South Dixie Highway
Building Size
9,991 SF
Asset Type
Retail
Closing
Oct 7, 2025
AI
The asset involved in this transaction is a retail property located at 17520 South Dixie Highway in the Miami market. The property encompasses a total of 9,991 square feet and operates under a NNN lease agreement for a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Term: 10 years
- Lease Type: NNN Lease
- Landlord: Pedro Camejo - CAM Group
- Tenant: Fresenius Kidney Care South Miami
- Landlord's Representative: Daniel Pou - Fuse Commercial Real Estate
- Tenant's Representative: Bryan Jerome - Cornerstone Commercial Realty
Key individuals involved in the transaction include Pedro Camejo, representing the landlord as part of CAM Group, and Bryan Jerome, who is the representative for the tenant, Fresenius Kidney Care South Miami. Daniel Pou served as the landlord's representative through Fuse Commercial Real Estate, facilitating the 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93