facebook
Traded Co logo
Submit

Real Madrid Café Leases Retail Space At 340 SE 3rd St, Miami

Property Image
LEASED

Florida

See Similar Deals
Retail12,000 SF
Leased 06/29/2017
the dealplayerscompscontact
Property Image
LEASED

Real Madrid Café Leases Retail Space At 340 SE 3rd St, Miami

340 SE 3rd St, Miami, FL, 33132

See Similar Deals
Retail12,000 SF
Leased 06/29/2017
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:12,000 SF
Transaction Type:Lease

The Real Madrid Café, a 12,000-square-foot, two-story retail space located at 340 Southeast Third Street in Miami, FL, 33132, is set to open at Met Square in downtown Miami in early 2018. The facility will feature a restaurant, bar, Real Madrid-themed merchandise store, and VIP Lounge. The lease was brokered by Lyle Stern of the Koniver Stern Group on behalf of MDM Group, the developer of Met Square.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Tenant: Real Madrid Café
  • Square Feet: 12,000
  • Market: Miami
  • Tenant's Rep: Kevin Lurie
  • Landlord: MDM Group
  • Tenant's Rep Agency: Creative Realty Group, LLC

Kevin Lurie, from Creative Realty Group, LLC, represented Real Madrid Café in the deal. The Real Madrid Café is part of the American Franchise Group's partnership with Real Madrid across the Americas. Met Square, the location where the café will be situated, will also include a Silverspot Cinema, additional restaurants, retail outlets, and residences upon its completion.

Players

2 deals$8.6M volume(305) 677-8773
BROKER

LANDLORD

Details

LEASED
IMAGE: 06/29/2017 ADDRESS: 340 SE 3rd St, Miami, FL, 33132 MARKET: Miami ASSET TYPE: Retail TENANT'S REP: Kevin Lurie() TENANT: Real Madrid Café LANDLORD: MDM Group SQUARE FEET: 12000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$687,832.76

Total Lease Value

$6,878,327.59

Net Landlord Cash Flow$687,832.76