facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Lease

/

5958 South Dixie Highway

AVO Miami Signs 10 Year NNN Lease At 5958 South Dixie Highway With Landlord's Rep The Comras Company
LEASEDRetail

AVO Miami Signs 10 Year NNN Lease At 5958 South Dixie Highway With Landlord's Rep The Comras Company

5958 South Dixie Highway

Building Size

2,900 SF

Asset Type

Retail

Closing

Aug 17, 2025

AI

The property asset involved in the transaction is a retail space located at 5958 South Dixie Highway in the South Miami market. The lease has a term of 10 years and is structured as a NNN lease, indicating that the tenant is responsible for paying all the property expenses including taxes, insurance, and maintenance.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Lease Term: 10 years
  • Lease Type: NNN Lease
  • Tenant: AVO Miami
  • Landlord's Representative: Irma Figueroa & Max Gelband - The Comras Company
  • Tenant's Representative: Sam Singer - Vertical Real Estate

The deal features key representatives from both the landlord and the tenant. Irma Figueroa and Max Gelband from The Comras Company represent the landlord in this transaction, while Sam Singer from Vertical Real Estate represents AVO Miami, the tenant.

Players

Irma Figueroa

The Comras Company

Broker

$10M

vol

6 deals

Broker
The Comras Company
The Comras CompanyBrokerage

South Miami 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