Palo Quemao Downtown Leases Retail Space At 20 West Flagler Street In Miami For 10 Years

The property asset involved in this transaction is a retail space located at 20 West Flagler Street in the Miami market. The lease is structured under a NNN lease type with a lease term of 10 years. The asking rent for this retail space is set at $40 per square foot, with a total area of 4,775 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40/ft
• Lease Term: 10 years
• Lease Type: NNN Lease
• Landlord: Jake Waserstein - LeaseFlorida 16 Flag
• Tenant: Palo Quemao Downtown
• Landlord's Representative: Jake Waserstein - Realty Hub
• Tenant's Representative: Cesar Jimenez - SellBuyRestaurants.com

The transaction involves key individuals such as Jake Waserstein, who acts as both the landlord and the landlord's representative from Realty Hub, and tenant representative Cesar Jimenez from SellBuyRestaurants.com. This collaboration highlights the professional relationships fostering the lease agreement between Palo Quemao Downtown and the landlord.