Glenn Braswell Leases Retail Space To Maiden Home At 3740 Northeast 2nd Avenue
LEASED
Florida
See Similar DealsRetail4,400 SF
Leased
LEASED
Glenn Braswell Leases Retail Space To Maiden Home At 3740 Northeast 2nd Avenue
3740 Northeast 2nd Avenue
See Similar DealsRetail4,400 SF
Leased
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:4400 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 3740 Northeast 2nd Avenue in the Miami market. The property encompasses a total of 4,400 square feet, with an asking rent of $200 per foot. This transaction involves a NNN lease with a term of 5 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 4,400
- Address: 3740 Northeast 2nd Avenue
- Market: Miami
- Landlord: Glenn Braswell
- Tenant: Maiden Home
- Landlord's Representative: Max Loria - STL Commercial
- Tenant's Representatives: Jared Robins & Justin Lee - Inhouse Commercial
- Lease Type: NNN Lease
- Lease Term: 5 Years
Max Loria of STL Commercial represents the landlord, Glenn Braswell, while Jared Robins and Justin Lee of Inhouse Commercial represent the tenant, Maiden Home in this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,008,821.38
Total Lease Value
$10,088,213.79
Net Landlord Cash Flow$1,008,821.38
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