David Lerner Of DWNTWN Realty Advisors Represents Landlord In Miami Retail Lease At $120/ft
3432 Main Highway
$120
$120/SF
Building Size
945 SF
Asset Type
Retail
Closing
Aug 7, 2026
About this deal
AI
A retail property located at 3432 Main Highway in Miami has been leased under a NNN Lease. The asking rent is set at $120 per square foot for a total of 945 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Lease Type: NNN Lease
- Address: 3432 Main Highway
- Market: Miami
- Square Footage: 945
- Landlord's Representative: David Lerner - DWNTWN Realty Advisors
- Tenant's Representative: Laura Roxana Garcia - Sotheby's International Realty
This transaction involves key individuals in the real estate sector, with David Lerner representing the landlord through DWNTWN Realty Advisors and Laura Roxana Garcia representing the tenant via Sotheby's International Realty, facilitating the leasing agreement for the retail space.
On the Map
$120
$120/SF
Retail
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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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93