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530 Lincoln Road

Uniqlo Signs 10-Year Lease At 530 Lincoln Road Miami Beach Represented By Vertical And Open Realty Advisors
LEASEDRetail

Uniqlo Signs 10-Year Lease At 530 Lincoln Road Miami Beach Represented By Vertical And Open Realty Advisors

530 Lincoln Road

$125

$125/SF

Building Size

14,300 SF

Asset Type

Retail

Closing

Dec 28, 2025

AI

The retail asset located at 530 Lincoln Road in Miami Beach, features a two-story building with a total square footage of 14,300. The property is leased by global apparel retailer Uniqlo under a 10-year NNN lease at an asking rent of $125 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 530 Lincoln Road
  • Market: Miami Beach
  • Landlord: Principal
  • Tenant: Uniqlo
  • Landlord's Rep: Luca Singh Bhalla & Aaron Butler - Avenue Real Estate Partners
  • Tenant's Rep: Lyle Stern & Daniel Cardenas - Vertical Real Estate; Emily Kahn & Taylor Cantrell - Open Realty Advisors
  • Lease Type: NNN Lease
  • Scheduled Opening: Fourth quarter of 2026

The lease signifies the involvement of several key representatives. Aaron Butler and Luca Singh Bhalla acted as landlords' representatives from Avenue Real Estate Partners. Uniqlo was represented by Daniel Cardenas and Lyle Stern from Vertical Real Estate, alongside Emily Kahn and Taylor Cantrell from Open Realty Advisors. The agreement reflects the strategic interest in Lincoln Road as a strong retail corridor, highlighted by remarks from the representatives involved in the transaction.

Players

Aaron Butler
Verified Badge

Aaron Butler

Avenue Real Estate Partners

Broker

$52.4M

vol

9 deals

Broker
U
UniqloTenant

Miami Beach 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

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93