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24 Northwest 36th Street

Ligne Roset Leases Retail Space At 24 Northwest 36th Street With Landlord Philip Sauma
LEASEDRetail

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

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.

Players

Alexandros Tsoulfas

STL Commercial

Broker

$143.9M

vol

29 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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93