Landlord BZG International Leases Retail Space In Miami For $50/ft With Tenant Team Dom 50
LEASED
$50
Florida
See Similar DealsRetail37,524 SF
Leased 02/01/2025
LEASED
Landlord BZG International Leases Retail Space In Miami For $50/ft With Tenant Team Dom 50
254 Northwest 36th Street, 260 Northwest 36th Street, 270 Northwest 36th Street & 272 Nw 36 St
See Similar DealsRetail37,524 SF
Leased 02/01/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:37,524 SF
Transaction Type:Lease
The asset involved in the transaction is a retail property located at 254, 260, 270 & 272 Northwest 36th Street in Miami. The total square footage of the property is 9,381, with an asking rent of $50 per square foot. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Square Footage: 9,381
- Address: 254, 260, 270 & 272 Northwest 36th Street
- Market: Miami
- Landlord's Representative: Uccio Zecchini & Alejandro Ruiz - BZG International
- Tenant's Representative: Katerina Morosan - Team Dom 50
The transaction brings together representatives from two distinct agencies. Uccio Zecchini and Alejandro Ruiz represent the landlord, BZG International, while Katerina Morosan represents the tenant through Team Dom 50, highlighting the collaborative efforts in the leasing process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,150,853.04
Total Lease Value
$21,508,530.36
Net Landlord Cash Flow$2,150,853.04
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