Codina Partners Leases Retail Space To Limoncello And Eye Culture In Doral, Florida
8550 Northwest 53rd Street
Building Size
5,200 SF
Asset Type
Retail
Closing
Mar 2, 2026
AI
The property involved in this lease transaction is a retail asset located at 8550 Northwest 53rd Street in Doral. It encompasses a total area of 5,200 square feet, catering to the retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 8550 Northwest 53rd Street
- Market: Doral
- Landlord: Armando Codina & Ana-Marie Codina Barlick - Codina Partners
- Tenant: Limoncello & Eye Culture
- Limoncello leased 4,100 sq. ft.
- Eye Culture leased 1,100 sq. ft.
- Development: 250-acre master-planned community
- Developed by: Codina Partners
Key individuals involved in this transaction include the landlords Armando Codina and Ana-Marie Codina Barlick, who are both representatives of Codina Partners. The tenants, Limoncello and Eye Culture, have recently opened new locations in Downtown Doral, contributing to the retail offerings of the community.
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