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215 Northwest 24th Street

Solana Annex Leases Retail Space In Wynwood, Miami, Represented By Retail By MONA
LEASEDRetail

Solana Annex Leases Retail Space In Wynwood, Miami, Represented By Retail By MONA

215 Northwest 24th Street

$100

$100/SF

Building Size

4,200 SF

Asset Type

Retail

Closing

Aug 1, 2022

AI

The retail property located at 215 NW 24th St in Wynwood, Miami has been leased. The property spans 4,200 square feet and was leased by Solana Annex.

Summary of transaction details:

Brandon Singer, Michael Cody, and Kim Levandovsky from Retail By MONA represented Solana Annex in this lease transaction.

Players

Brandon Singer

Retail By Mona

Broker

$84.3M

vol

59 deals

Broker
Related Group
Related GroupLandlord

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93