Gaurav Nijhawan Leases Retail Space At 2334 Northeast 2nd Avenue In Miami's Edgewater Neighborhood
2334 Northeast 2nd Avenue
Building Size
2,600 SF
Asset Type
Retail
Closing
Jun 15, 2025
About this deal
AI
The retail asset located at 2334 Northeast 2nd Avenue comprises a total of 2,600 square feet and is situated in the Miami market, specifically within the Edgewater neighborhood.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 2334 Northeast 2nd Avenue
- Market: Miami
- Tenant: Gaurav Nijhawan - Candace & Basil
- Brokers: Lyle Chariff, Mauricio Zapata & Jenna Cohen - Chariff Realty Group
Chariff Realty Group's Lyle Chariff, Mauricio Zapata, and Jenna Cohen were the brokers representing the lease transaction of Candace & Basil at the indicated retail space.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93