Billionaire Boys Club Leases Retail Space At 2545 NW Third Ave. In Miami
LEASED
Florida
See Similar DealsRetail5,700 SF
Leased 11/20/2020
LEASED
Billionaire Boys Club Leases Retail Space At 2545 NW Third Ave. In Miami
2545 NW 3rd Ave, Miami, FL, USA
See Similar DealsRetail5,700 SF
Leased 11/20/2020
Summary
FLORIDA
Asset Type:Retail
Total Square Footage:5,700 SF
Transaction Type:Lease
Billionaire Boys Club has signed a lease agreement with Lerner Family Properties for a retail space located at 2545 NW Third Ave. in Miami. The property, with a total square footage of 5,700, was recently leased for a rental rate of $50 per square foot. The lease transaction was facilitated by David Lerner of Dwntwn Realty Advisors.
Summary of transation details
- Property Type: Retail
- Transaction Date: November 20, 2020
- Address: 2545 NW Third Ave., Miami
- Tenant: Billionaire Boys Club
- Landlord: Lerner Family Properties
- Broker: David Lerner - Dwntwn Realty Advisors
- Asking Rent: $50 per square foot
Dwntwn Realty Advisors, represented by David Lerner, played a crucial role in facilitating the lease agreement between Billionaire Boys Club and Lerner Family Properties for the retail space in Miami. The deal was successfully negotiated with a rental rate of $50 per square foot for a total area of 5,700 square feet.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$326,720.56
Total Lease Value
$3,267,205.60
Net Landlord Cash Flow$326,720.56
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