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8550 Northwest 53rd Street

Codina Partners Leases Retail Space To Limoncello And Eye Culture In Doral, Florida
LEASEDRetail

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

CP
Codina PartnersLandlord

Armando Codina

Codina Partners

Landlord

$736M

vol

13 deals

Landlord

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