facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

Florida

/

Retail

/

Lease

/

530 Lincoln Road

Updated Oct 13, 2026

Tadashi Yanai Of Uniqlo Expands In South Florida With Leases In Miami Beach And Aventura
LEASEDRetail

Tadashi Yanai Of Uniqlo Expands In South Florida With Leases In Miami Beach And Aventura

530 Lincoln Road & 19501 Biscayne Boulevard

Building Size

—

Asset Type

Retail

Closing

Jan 26, 2026

About this deal

AI

The transaction involves retail assets located at 530 Lincoln Road and 19501 Biscayne Boulevard, situated in the Miami Beach and Aventura markets. The property includes a 14,284-square-foot, two-story building at the Lincoln Road address and a space within the 1.8 million-square-foot Aventura Mall. These locations are targeted for the expansion of the Japanese apparel retailer Uniqlo in South Florida.

Summary of transaction details:

The deal features key individuals including Kamal Bhatia, representing Principal Asset Management, and Jackie Soffer and David Simon, who represent Turnberry and Simon Property Group respectively. Tadashi Yanai is the tenant representing Uniqlo, which is set to open its first locations in South Florida this fall.

On the Map

Open live map

Retail

View full map

Players

David Simon

Simon Property Group

Landlord

$6B

vol

15 deals

Landlord

Tadashi Yanai

Uniqlo

Tenant

5 deals

Tenant
Bilt advertisement

Miami Beach Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit David Simon to view all their deals.

Browse Miami Beach retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets