Yanina Yefimova & Michelle Gonzalez Arrange Lease For Taipa Peruvian Restaurant In Miami
Building Size
3,300 SF
Asset Type
Retail
Closing
Mar 1, 2024
AI
The retail property at 5761 Bird Road in Miami, spanning 3,300 square feet, has been leased. The location is part of the iconic Red Bird Shopping Center, with anchor tenants such as Milam’s and Walgreens.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not provided
- Landlord: The Brandon Company
- Tenant: Taipa Peruvian Restaurant
- Landlord's Rep: Michelle Gonzalez - Floridian First Realty
- Tenant's Rep: Yanina Yefimova - Metro Commercial Real Estate
Yanina Yefimova of Metro Commercial Real Estate represented Taipa Peruvian Restaurant in the 10-year lease deal at the prime location of the Red Bird Shopping Center. Michelle Gonzalez from Floridian First Realty acted as the representative for the landlord, The Brandon Company.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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