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Compass Secures Lease For Retail Space In Wynwood, Miami

Property Image
LEASED
$100
Bernardita Banfi
Juan Andres Nava
+ 1

Florida

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Retail4,400 SF
Leased 01/01/2024
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Property Image
LEASED

Compass Secures Lease For Retail Space In Wynwood, Miami

285 Northeast 27th Street

See Similar Deals
Retail4,400 SF
Leased 01/01/2024
Bernardita Banfi
Juan Andres Nava
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:4,400 SF
Transaction Type:Lease

The lease of a retail property at 295 NW 27 Street in Miami, FL has been successfully closed. The property spans 4,400 square feet and was leased under a 10-year NNN lease agreement. The asking rent for the property was $100 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Lease Term: 10 Years
  • Asking Rent: $100/ft
  • Square Footage: 4,400
  • Address: 295 NW 27 Street, Miami, FL

The landlord's representatives for this lease deal were Juan Andres Nava and Bernardita Banfi from Metro 1 Commercial. The tenant's representatives were Juan Sotolongo and Jesse Spencer from Compass.

Metro 1 Commercial and Compass are excited to announce the successful closure of the lease at 285 NW 27 St in Miami's Wynwood neighborhood. The location is situated in one of the hottest neighborhoods in the country, known for its vibrant culinary scene. This lease deal brings in a soon-to-be-announced Michelin Starred Chef with an exciting culinary concept.

Players

Jesse Spencer
15 deals$59.5M volume(305) 632-7195
BROKER

Juan Andres Nava
Metro 1 Commercial
35 deals$193.4M volume
BROKER

Bernardita Banfi
Metro 1 Commercial
8 deals$23.2M volume
BROKER

Juan C. Sotolongo
Compass
12 deals$50.3M volume(786) 227-1055
BROKER

Details

LEASED
IMAGE: Bernardita Banfi, Juan Andres Nava, Juan Sotolongo & Jesse Spencer DATE: 01/01/2024 ADDRESS: 295 NW 27 Street MARKET: Miami, FL ASSET TYPE: Retail LANDLORD'S REP: Juan Andres Nava (@JuanAndresNavaCRE) & Bernardita Banfi (@Urbancore.Commercial) - Metro 1 Commercial TENANT'S REP: Juan Sotolongo (@Juan.Sotolongo) & Jesse Spencer (@Jesse.D.Spencer) - Compass (@Compass) ASKING RENT: $100/ft ~ SF: 4,400 LEASE TYPE: NNN Lease LEASE TERM: 10 Years NOTE FROM LANDLORD'S REP: Metro 1 Commercial @metro1cre and Compass are excited to announce the successful closing of the lease at 285 NW 27 St, in Wynwood, Miami. Located in one of the hottest neighborhoods in the nation, with a vibrant culinary scene, Metro 1 and Compass are proud to have brought a soon-to-be-announced, Michelin Starred Chef with an exciting culinary concept at this location

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Deal Type
Effective Rent (Annual)

$504,410.69

Total Lease Value

$5,044,106.90

Net Landlord Cash Flow$504,410.69