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Presidente Supermarkets Leases Retail Space In Hialeah To Anchor Westland Promenade

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LEASED
$18

Florida

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Retail28,000 SF
Leased 04/02/2024
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Property Image
LEASED

Presidente Supermarkets Leases Retail Space In Hialeah To Anchor Westland Promenade

3750 West 18th Avenue

See Similar Deals
Retail28,000 SF
Leased 04/02/2024
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$18
Total Square Footage:28,000 SF
Transaction Type:Lease

The retail property located at 3750 West 18th Avenue, Hialeah, has been leased for an asking rent of $18.50 per square foot. The property spans 28,000 square feet and will be the new location for Presidente Supermarkets.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3750 West 18th Avenue
  • Market: Hialeah
  • Landlord: Sterling Organization
  • Tenant: Presidente Supermarkets
  • Tenant's Rep: Luis Gonzalez & Neyda Bravo - Bravo & Partners Realty
  • Asking Rent: $18.50/ft.
  • Square Footage: 28,000

Neyda Bravo and Luis Gonzalez from Bravo & Partners Realty have represented Presidente Supermarkets in their Florida expansion initiatives, securing the supermarket as the new anchor tenant at Westland Promenade in Hialeah, FL.

Players

Neyda Bravo
16 deals$487.3M volume
BROKER

Luis Gonzalez
Bravo & Partners Realty
9 deals$376.3M volume(305) 967-5029
BROKER

Details

LEASED
IMAGE: Luis Gonzalez & Neyda Bravo DATE: 04/02/2024 ADDRESS: 3750 West 18th Avenue MARKET: Hialeah ASSET TYPE: Retail LANDLORD: Sterling Organization TENANT: Presidente Supermarkets TENANT'S REP: Luis Gonzalez (@LuisGonzalez.CRE) & Neyda Bravo (@Neyda.Bravo) - Bravo & Partners Realty (@BravoandPartners) ASKING RENT: $18.50/ft. ~ SF: 28,000 NOTE FROM TENANT'S REP: Neyda Bravo and Luis Gonzalez of Bravo and Partners Realty represent Presidente Supermarkets in their Florida expansion. The supermarket will play a vital role as the new anchor tenant at Westland Promenade in Hialeah, FL.

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Deal Type
Effective Rent (Annual)

$593,828.95

Total Lease Value

$5,938,289.48

Net Landlord Cash Flow$593,828.95