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
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