Richard Toledo Of 2 Indian Creek Holdings Leases Retail Space To TastiGo Kitchen In Miami
2770 Southwest 27th Avenue
$61
$61/SF
Building Size
2,400 SF
Asset Type
Retail
Closing
Aug 31, 2025
About this deal
AI
The retail property located at 2770 Southwest 27th Avenue in Miami has been leased with an asking rent of $61 per square foot for a total area of 2,400 square feet. This transaction features a lease term of 5+5 years under a NNN lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $61/ft
- Lease Term: 5+5
- Lease Type: NNN Lease
- Landlord: Richard Toledo - 2 Indian Creek Holdings
- Tenant: TastiGo Kitchen
- Brokers: Calum Winsor & Vincent Gonzalez - Current Capital Realty
The transaction involved Richard Toledo representing the landlord, 2 Indian Creek Holdings, while TastiGo Kitchen entered into the lease agreement facilitated by brokers Calum Winsor and Vincent Gonzalez from Current Capital Realty.
On the Map
$61
$61/SF
Retail
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Players
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
260049.18%
Cash-on-Cash
-74322.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93