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250 NW 25th St Miami, FL 33...

Aida Signs 10-Year Lease For Retail Space In Wynwood With Landlords Related East End Capital & KKR
LEASEDRetail

Aida Signs 10-Year Lease For Retail Space In Wynwood With Landlords Related East End Capital & KKR

250 NW 25th St Miami, FL 33127, USA

$68

$68/SF

Building Size

2,418 SF

Asset Type

Retail

Closing

Jul 7, 2023

AI

The retail property located at 250 Northwest 25th Street in Wynwood has been leased for a term of 10 years. The total square footage of the property is 2,418, and the asking rent was $68 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $68/ft
  • Square Footage: 2,418
  • Lease Term: 10 years
  • Address: 250 Northwest 25th Street, Wynwood

The landlords in this transaction were Related East End Capital and KKR. They were represented by Joe Fernandez and Tony Arellano from DWNTWN Realty Advisors. The tenant, Aida, was represented by Ricardo Du Pond from Fortune International Realty.

Players

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

152 deals

Broker
KKR
KKRLender
KKR
KKRLandlord

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

233279.41%

Cash-on-Cash

-66671.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93