Paseo Brickell Leases Retail Space To Tortilla Madre At 28 Southwest 11th Street In Miami
28 Southwest 11th Street
Building Size
990 SF
Asset Type
Retail
Closing
Dec 11, 2025
AI
The asset involved in this lease transaction is located at 28 Southwest 11th Street in the Miami market. The property is categorized as retail with a square footage of 990. It operates under a Single Net Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 28 Southwest 11th Street
- Market: Miami
- Asset Type: Retail
- Square Footage: 990
- Landlord: Paseo Brickell
- Tenant: Tortilla Madre
- Brokers: Fabio Faerman & Sebastian Faerman - FA Commercial
Fabio Faerman and Sebastian Faerman represented the landlords, Paseo Brickell, in this lease agreement. They are associated with FA Commercial, showcasing their involvement in securing the transaction for the landlord.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93