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801 South Pointe Drive

Akira Back Signs NNN Lease For New Restaurant At 801 South Pointe Drive Miami Beach
LEASEDRetail

Akira Back Signs NNN Lease For New Restaurant At 801 South Pointe Drive Miami Beach

801 South Pointe Drive

$100

$100/SF

Building Size

6,458 SF

Asset Type

Retail

Closing

Jun 22, 2026

AI

801 South Pointe Drive is a retail asset located in the Miami Beach market, offering a total square footage of 10,016. The property is leased at a rate of $100 per foot under a NNN Lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100/ft
  • Address: 801 South Pointe Drive
  • Market: Miami Beach
  • Landlord: Brian Anav
  • Tenant: Akira Back
  • Landlord's Rep: Aaron Butler & Luca Singh Bhalla - Avenue Real Estate Partners
  • Tenant's Rep: Lyle Stern - Vertical Real Estate

Akira Back, a Michelin-starred chef and restaurateur, has signed a lease for a new restaurant in Miami Beach’s South of Fifth neighborhood. The restaurant concept will be introduced by INK Entertainment, known for their successful venues such as Amal and Level 6.

Players

Aaron Butler
Verified Badge

Aaron Butler

Avenue Real Estate Partners

Broker

$52.4M

vol

9 deals

Broker

Brian Anav

Landlord

$23.3M

vol

5 deals

Landlord

Market 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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93