Shanna Naim Of Skyview Real Estate Partners Represents Beauty Suites In 10 Year NNN Lease In Miami
321 Northeast 26th Street
$100
$100/SF
Building Size
7,300 SF
Asset Type
Retail
Closing
Feb 2, 2026
AI
The property involved in this transaction is a retail asset located at 321 Northeast 26th Street in Miami, featuring a total square footage of 7,300. The lease type for this asset is a NNN lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Miami
- Landlord: Van Pieddrahita
- Tenant: Beauty Suites
- Broker (Tenant's Representative): Shanna Naim - Skyview Real Estate Partners
- Broker (Landlord's Representative): Juan M Martinez - Metro Consulting & Management
- Lease Duration: 10 years
- Submarket: Edgewater
Shanna Naim represented the tenant, Beauty Suites, while Juan Martinez represented the landlord, Van Pieddrahita, in this lease transaction. The deal emphasizes the collaboration of these professionals within the real estate market of South Florida.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93