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Joe Pozzuoli's JoesPizzaNYC Leases Retail Space In Miami For 10 Years

Property Image
LEASED
Jared Robins
Joe Fernandez
+ 1

Florida

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Retail1,758 SF
Leased
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Property Image
LEASED

Joe Pozzuoli's JoesPizzaNYC Leases Retail Space In Miami For 10 Years

240 Northwest 25th Street, Miami, FL 33127

See Similar Deals
Retail1,758 SF
Leased
Jared Robins
Joe Fernandez
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Total Square Footage:1758 SF
Transaction Type:Lease

The retail property located at 240 NW 25th Street in Miami has recently been leased. The lease was signed on 09/01/2021.

Summary of transaction details:

The tenant, Joe Pozzuoli, representing Joe's Pizza NYC, signed the lease agreement. The tenant's representatives, Jared Robins from INHOUSE Commercial and John Ellis from Newmark, assisted in the negotiation. On the other side, the landlord, Related Group and East End Capital, was represented by Tony Arellano and Joe Fernandez from DWNTWN Realty Advisors. The lease was for a period of 10 years with an asking rent of $75 per square foot.

Players

Tony Arellano
151 deals$1.6B volume
BROKER

Joe Fernandez
DWNTWN Realty Advisors
15 deals$56M volume
BROKER

Jared Robins
Inhouse Commercial
9 deals$27.8M volume
BROKER

John Ellis
Newmark
3 deals$4M volume
BROKER

Related Group
LANDLORD

Details

LEASED
IMAGE: John Ellis, Joe Fernandez, Spider-Man, Tony Arellano, Joe Pozzuoli & Jared Robins DATE: 09/01/2021 ADDRESS: 240 NW 25th Street MARKET: Miami ASSET TYPE: Retail TENANT: @JoesPizzaNYC 🍕 - Joe Pozzuoli LANDLORD: Related Group & East End Capital TENANT’S REP: Jared Robins - INHOUSE Commercial; John Ellis - Newmark LANDLORD’S REP: Tony Arellano & Joe Fernandez - DWNTWN Realty Advisors ASKING RENT: $75/ft. ~ SF: 1,758 TERM: 10-year-lease

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Deal Type
Effective Rent (Annual)

$100,767.50

Total Lease Value

$1,007,674.99

Net Landlord Cash Flow$100,767.50