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Freddo Gelato Leases Retail Space At The Falls Shopping Mall In Miami

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LEASED
$95

Florida

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Retail1,000 SF
Leased 06/22/2023
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LEASED

Freddo Gelato Leases Retail Space At The Falls Shopping Mall In Miami

8888 SW 136th St Miami, FL 33176, USA

See Similar Deals
Retail1,000 SF
Leased 06/22/2023
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$95
Total Square Footage:1,000 SF
Transaction Type:Lease

The Falls Shopping Mall, an open-air shopping mall located at 8888 Southwest 136th Street in Miami, has successfully leased a retail space to Freddo Gelato. The lease transaction was facilitated by Fabio Faerman and Sebastian Faerman of FA Commercial, serving as exclusive tenant representatives. The retail space spans approximately 1,000 square feet, with an asking rent of $95 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Tenant: Freddo Gelato
  • Address: 8888 Southwest 136th Street, Miami
  • Market: Miami
  • Asking Rent: $95 per square foot

Freddo Gelato, Argentina’s renowned chain specializing in premium artisanal gelato, is expanding its presence in the US market. The Falls Shopping Mall offers an ideal location for Freddo, alongside other reputable brands such as Abercrombie & Fitch, Apple, Bath & Body Works, Brooks Brothers, Coach, Claire’s, Haagen-Dazs, Macy's, Pandora, Shake Shack, and Starbucks. FA Commercial is actively seeking additional sites across South Florida to support Freddo's expansion plans.

Freddo Gelato is currently open to franchise opportunities, providing potential owners with an easily manageable operation that does not require complex kitchen buildouts or exhaust systems. The brand offers a low entry fee, minimal investment per store for buildout costs, and a lack of direct competitors in the high-end traditional gelato space. Interested individuals can find more information about becoming a Freddo franchise owner on their website.

As the exclusive tenant representatives for Freddo Gelato, Fabio Faerman and Sebastian Faerman of FA Commercial successfully facilitated the lease transaction at The Falls Shopping Mall. Freddo continues to seek second-generation retail spaces for further expansion.

Players

Fabio Faerman
63 deals$271.8M volume
BROKER

Sebastian Faerman
FA Commercial
60 deals$240.5M volume
BROKER

LANDLORD

TENANT

Details

LEASED
IMAGE: Fabio Faerman & Sebastian Faerman DATE: 06/22/2023 ADDRESS: 8888 Southwest 136th Street MARKET: Miami ASSET TYPE: Retail LANDLORD: Simon Malls TENANT: Freddo Gelato BROKERS: Fabio Faerman (@TopCommercial) & Sebastian Faerman (@SebFaerman) - FA Commercial (@FAcommercial) ASKING RENT: $95/ft ~ SF: 1,000 NOTE FROM BROKER: FA Commercial, as exclusive tenant representatives, is pleased to announce the store for Freddo at The Falls Shopping Mall, an open-air shopping mall located at Kendall, the mall has 111 upscale stores. Freddo will be joining Abercrombie & Fitch, Apple, Bath & Body Works, Brooks Brothers, Coach, Claire’s, Haagen-Dazs, Macy´s, Pandora, Shake Shack, Starbucks, etc. We are still actively seeking sites across South Florida so submit your sites! Freddo is Argentina’s most renowned chain producing and marketing premium artisanal gelato. FA Commercial is exclusively representing Freddo in their expansion to the US market. If you are interested in becoming a Freddo Franchise owner, click here for more info. Freddo is still seeking 2nd generation retail spaces to continue their expansion. Freddo Gelato is currently seeking franchisees for single and multi-unit operations. The brand features: - Easy operations, no complicated buildout of kitchen or exhaust - Very low entry fee - Easily manage the operations by flexing other franchise or restaurant operations already in place - Very low investment per store for buildout cost - Virtually no direct competitors in the high end traditional gelato space

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Deal Type
Effective Rent (Annual)

$108,906.85

Total Lease Value

$1,089,068.53

Net Landlord Cash Flow$108,906.85