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
About this deal
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:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 215 NW 24th St, Wynwood, Miami
- Market: Wynwood, Miami
- Landlord: Related Group
- Tenant: Solana Annex
- Brokers: Brandon Singer, Michael Cody, and Kim Levandovsky - Retail By MONA
- Asking Rent: $100/ft.
Brandon Singer, Michael Cody, and Kim Levandovsky from Retail By MONA represented Solana Annex in this lease transaction.
On the Map
$100
$100/SF
Retail
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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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93