LEASEDRetail
Studio Raūpo Leases 2,254 SF Retail Space At 5700 Biscayne Boulevard Miami
5700 Biscayne Boulevard
Building Size
2,254 SF
Asset Type
Retail
Closing
Aug 10, 2025
AI
Retail space totaling 2,254 square feet located at 5700 Biscayne Boulevard in the Miami market.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 5700 Biscayne Boulevard
- Market: Miami
- Asset Type: Retail
- SF: 2,254
- Tenant(s): Wendy Mongiardo & Lhonette Bernard Charles - Studio Raūpo
- Broker(s): Lyle Chariff, Mauricio Zapata & Alejandro Agudelo - Chariff Realty Group
- Note: Studio Raūpo leased space at 5700 Biscayne Blvd. in Miami. Chariff Realty Group’s Lyle Chariff, Mauricio Zapata, and Alejandro Agudelo brokered the deal.
The tenant Studio Raūpo is represented in this lease arrangement by Wendy Mongiardo and Lhonette Bernard Charles, with Chariff Realty Group handling brokerage duties for the transaction in the Miami retail market.
Players
Miami 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93