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Chubby Cattle Leases Retail Space At 555 Washington Avenue In Miami Beach For $70/ft

Property Image
LEASED
$70
Aaron Butler
David Goldberg
Luca Singh Bhalla
+ 1

Florida

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Retail10,000 SF
Leased 12/19/2024
the dealplayerscompscontact
Property Image
LEASED

Chubby Cattle Leases Retail Space At 555 Washington Avenue In Miami Beach For $70/ft

555 Washington Avenue

See Similar Deals
Retail10,000 SF
Leased 12/19/2024
Aaron Butler
David Goldberg
Luca Singh Bhalla
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:10,000 SF
Transaction Type:Lease

The asset involved in the transaction is a retail property located at 555 Washington Avenue in Miami Beach. The lease type is Single Net Lease, with an asking rent of $70 per square foot for a total space of 10,000 square feet.

Summary of transaction details:

Davis Companies, involved in the deal, is a vertically integrated real estate investment, development and management firm headquartered in Boston. They have a diversified portfolio valued at $13 billion, including approximately 14.8 million square feet of properties across various sectors such as healthcare, industrial, retail, and hospitality.

Players

Aaron Butler
Avenue Real Estate Partners
Aaron Butler
9 deals$52.4M volume(305) 397-8012
BROKER
David Goldberg
Goldstreet Partners
David Goldberg
3 deals(847) 274-8504
BROKER
Luca Singh Bhalla
Avenue Real Estate Partners
Luca Singh Bhalla
3 deals$3.8M volume(212) 363-9700
BROKER
Allan Perales
Goldstreet Partners
Allan Perales
2 deals(312) 852-5526
BROKER

Details

LEASED
IMAGE: Eyal Greenberg, David Zhao, Luca Singh Bhalla, Allan Perales, Aaron Butler, David Goldberg & Josh Honig DATE: 12/19/2024 ADDRESS: 555 Washington Avenue MARKET: Miami Beach ASSET TYPE: Retail LANDLORD: Eyal Greenberg & Josh Honig - Greenmont Group; Davis Companies TENANT: Chubby Cattle LANDLORD'S REP: Aaron Butler & Luca Singh Bhalla - Avenue Real Estate Partners (@AvenueRep) TENANT'S REP: David Goldberg (@David_goldstreet) & Allan Perales (@Allan_goldstreet) - Goldstreet Partners (@TeamGoldStreet) ASKING RENT: $70/ft ~ SF: 10,000 LEASE TYPE: Single Net Lease NOTE FROM BROKER: Davis is a vertically integrated real estate investment, development and management firm that leverages five decades of experience, the strength of its leadership team and employees and a diversified portfolio to deliver maximum value for its investors and tenants. Headquartered in Boston and investing across the United States, Davis prides itself on taking a nimble, collaborative approach to delivering best-in-class results from complex opportunities. With $13 billion in gross asset value invested through real estate equity, debt and fixed-income securities, Davis today owns a real estate portfolio of approximately 14.8 million square feet of healthcare and life science, industrial, retail, office and hospitality properties and more than 5,600 residential units across the United States. For further information, visit www.thedaviscompanies.com

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Deal Type
Effective Rent (Annual)

$802,471.55

Total Lease Value

$8,024,715.52

Net Landlord Cash Flow$802,471.55