Nathan Silverstein's Seven Hundred Realty Corp Leases Retail Space To Hoka At 700 Lincoln Road
700 Lincoln Road
$265
$265/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Mar 26, 2026
AI
The property involved in this lease transaction is located at 700 Lincoln Road in Miami Beach. This retail asset comprises a total area of 5,000 square feet. The asking rent for the property is set at $265 per square foot on a NNN basis, with a lease term of 10 years. The landlord of the property is Nathan Silverstein from Seven Hundred Realty Corp.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $265/ft NNN
- Lease Term: 10 years
- Asset Manager: Jay Goldman - USA Commercial-Residential
- Tenant: Hoka
- Tenant's Representative: Drew Schaul & Jordan Landman - CBRE
Key individuals involved in this transaction include the landlord Nathan Silverstein, who represents Seven Hundred Realty Corp, and the tenant Hoka, which is represented by Drew Schaul and Jordan Landman from CBRE. The asset is managed by Jay Goldman from USA Commercial-Residential.
Players
Miami Beach 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
59860.38%
Cash-on-Cash
-17108.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93