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
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