Ligne Roset Leases Retail Space At 24 Northwest 36th Street With Landlord Philip Sauma
24 Northwest 36th Street
$95
$95/SF
Building Size
2,789 SF
Asset Type
Retail
Closing
Feb 12, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 24 Northwest 36th Street in the Wynwood Norte market. The space encompasses 2,789 square feet and operates under a Modified Gross Lease. The asking rent for the property is set at $95 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $95/ft
- Square Footage: 2,789
- Address: 24 Northwest 36th Street
- Market: Wynwood Norte
- Landlord: Philip Sauma
- Tenant: Ligne Roset
- Landlord's Representative: George Belesis - DWNTWN Realty Advisors
- Tenant's Representative: Alex Tsoulfas - STL Commercial
The lease agreement was completed with Philip Sauma as the landlord and Ligne Roset as the tenant. George Belesis from DWNTWN Realty Advisors represented the landlord in the transaction, whereas Alex Tsoulfas from STL Commercial represented the tenant.
On the Map
$95
$95/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
166978.95%
Cash-on-Cash
-47723.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93