LeaseFlorida's Jerika Properties Leases Retail Space To Banchero At 7315 Collins Avenue
7315 Collins Avenue
$58
$58/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Feb 26, 2026
About this deal
AI
The retail asset located at 7315 Collins Avenue in Miami Beach features a lease agreement with a total area of 1,500 square feet. The asking rent for this property is set at $58 per square foot and is under a NNN lease type for a term of 5 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $87,000
- Address: 7315 Collins Avenue
- Market: Miami Beach
- Landlord: LeaseFlorida - Jerika Properties
- Tenant: PB Collins
- Landlord's Rep: Jake Waserstein - Realty Hub
The deal involves LeaseFlorida as the landlord, represented by Jake Waserstein from Realty Hub, who facilitated the agreement. The tenant, PB Collins, is now officially in a leasing arrangement for the property described.
On the Map
$58
$58/SF
Retail
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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
273500.00%
Cash-on-Cash
-78167.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93