Thor Equities Leases Retail Space To Bottled Blonde LLC At 239 NW 28th Street In Miami
239 Northwest 28th Street, Miami, FL, USA
Building Size
8,896 SF
Asset Type
Retail
Closing
May 18, 2021
About this deal
AI
The retail property located at 239 NW 28th Street in Miami has been leased to Bottled Blonde LLC. The lease transaction was facilitated by Krista Karnis from ONE Sotheby’s International Realty on behalf of the tenant. The landlord of the property is Thor Equities.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $100/ft.
- Square Footage: 8,896 SF
- Term: 10-year lease
The leasing of this retail property was organized by Krista Karnis, a representative from ONE Sotheby’s International Realty. Her involvement in the deal showcases her expertise and ability to connect tenants with suitable properties in the Miami market.
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