Reinaldo Perez Leases Retail Space In Coral Gables To Eulalia Alvarez For $17,000/month
LEASED
$17,000
Florida
See Similar DealsRetail5,349 SF
Leased 04/01/2025
LEASED
Reinaldo Perez Leases Retail Space In Coral Gables To Eulalia Alvarez For $17,000/month
5430 Southwest 8th Street
See Similar DealsRetail5,349 SF
Leased 04/01/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$17,000
Total Square Footage:5,349 SF
Transaction Type:Lease
The transaction involves a retail asset located at 5430 Southwest 8th Street in the Coral Gables market. The property is leased for $17,000 per month and encompasses a total of 5,349 square feet. The lease agreement spans a term of 5 years and is categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,000/month
- Lease Term: 5 years
- Lease Type: Modified Gross Lease
- Landlord: Reinaldo Perez
- Tenant: Eulalia Alvarez
- Broker: Ashleen Cruz - Fausto Commercial Realty Consultants
The key individuals involved in this transaction are Reinaldo Perez, who serves as the landlord, and Eulalia Alvarez, the tenant. Ashleen Cruz from Fausto Commercial Realty Consultants represented the deal in her capacity as the broker.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$104,244,493.74
Total Lease Value
$1,042,444,937.43
Net Landlord Cash Flow$104,244,493.74
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