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Tom Graham Leases Retail Space At 2344 South Douglas Road, Coral Gables

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LEASED
$61

Florida

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Retail3,958 SF
Leased 02/15/2024
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Property Image
LEASED

Tom Graham Leases Retail Space At 2344 South Douglas Road, Coral Gables

Retail3,958 SF
Leased 02/15/2024
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Summary

Asset Type:Retail
Price Per Square Foot:$61
Total Square Footage:3,958 SF
Transaction Type:Lease

The retail property located at 2344 South Douglas Road in Coral Gables, with a size of 3,958 square feet, was leased out in a long-term NNN lease transaction. The lease was secured with an asking rent of $61 per square foot. The Landlord, Anais Badia, and the Tenant, Tom Graham, finalized the agreement with the representation of Andres Perez-Cervera from Compass.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 2344 South Douglas Road
  • Market: Coral Gables
  • Landlord: Anais Badia
  • Tenant: Tom Graham
  • Broker: Andres Perez-Cervera - Compass
  • Asking Rent: $61/ft.
  • Square Footage: 3,958

Andres Perez-Cervera played a dual role in the lease deal, representing both the Landlord, Anais Badia, and the Tenant, Tom Graham. The successful negotiation resulted in a mutually beneficial long-term NNN lease agreement for the retail property.

Players

Andres (Andy) Perez-Cervera
8 deals$23.9M volume
BROKER

Details

LEASED
IMAGE: Andres Perez-Cervera DATE: 02/15/2024 ADDRESS: 2344 South Douglas Road MARKET: Coral Gables ASSET TYPE: Retail LANDLORD: Anais Badia TENANT: Tom Graham BROKER: Andres Perez-Cervera (@AndyPerezRealtor) - Compass (@Compass) ASKING RENT: $61/ft. ~ SF: 3,958 NOTE FROM BROKER: Andres Perez-Cervera represented both the Landlord and Tenant in securing a long-term NNN lease.

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Deal Type
Effective Rent (Annual)

$276,781.61

Total Lease Value

$2,767,816.09

Net Landlord Cash Flow$276,781.61