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2334 Northeast 2nd Avenue

Gaurav Nijhawan Leases Retail Space At 2334 Northeast 2nd Avenue In Miami's Edgewater Neighborhood
LEASEDRetail

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

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.

Players

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 deals

Broker

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