Whole Foods Signs 20-Year Lease For 60000 SF Retail Space At Aventura Town Plaza
18205 Biscayne Boulevard
Building Size
60,000 SF
Asset Type
Retail
Closing
Sep 11, 2025
AI
A retail property comprising roughly 60,000 square feet located at 18205 & 18299 Biscayne Boulevard in Aventura has secured a long-term lease. The property is situated in a market that is known for its vibrant retail scene.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Term: 20 years
- Landlord: Daniel Halberstein, Mario Grosfeld, Stefan Grosfeld & Jorge Linkewer - Triarch Capital Group
- Tenant: Jason Buechel - Whole Foods
- Address: 18205 & 18299 Biscayne Boulevard
- Market: Aventura
- Current Tenants: Fresh Market
- Lease Extensions: Six five-year options
The transaction involved notable figures including Daniel Halberstein, Mario Grosfeld, Stefan Grosfeld, and Jorge Linkewer representing Triarch Capital Group as the landlords, and Jason Buechel acting on behalf of Whole Foods as the tenant. This lease marks the second Whole Foods location in the city, indicating the retailer's expansion strategy in the region.
Players
Aventura 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