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830 Brickell Plaza, Miami, ...

830 Brickell Plaza
LEASEDRetail

830 Brickell Plaza

830 Brickell Plaza, Miami, FL, 33131

Building Size

18,000 SF

Asset Type

Retail

Closing

Aug 29, 2022

AI

The property involved in this transaction is located at 830 Brickell Plaza, Miami, FL, 33131. The total area of the property is 18,000 square feet and it is positioned within the Miami market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 830 Brickell Plaza, Miami, FL, 33131
  • Square Feet: 18,000
  • Tenant: Baker McKenzie
  • Landlord: Cain International
  • Tenant's Representative: Brian Day, John Mambrino - Savills
  • Brokers: David Goldstein - Savills

The deal involves Baker McKenzie as the tenant, represented by Brian Day and John Mambrino from Savills. The landlord of the property is Cain International, with David Goldstein also from Savills acting as the broker for this transaction.

Players

Brian Day

Savills

Broker

1 deal

Broker
Cain International
Cain InternationalLandlord

Miami 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93