LEASEDRetail
Quattro Hair Systems Leases Retail Space At 2800 NE 2nd Ave In Miami, FL With Current Real Estate As Brokers
2800 NE 2nd Ave, Miami, Florida, USA
Building Size
1,074 SF
Asset Type
Retail
Closing
Apr 6, 2021
AI
The retail property located at 2800 NE 2nd Ave in Miami, FL has been leased. The transaction took place on 04/07/2021.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $50/ft.
- Square Footage: 1,074
The tenant, Quattro Hair Systems, LLC, has entered into the lease agreement with the landlord, Infinity Collective, represented by David Berg. The lease was facilitated by brokers Brandon Charnas and Stefano Santoro from Current Real Estate.
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