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Victoria's Secret Signs 12-Year Lease At 900 Lincoln Road With ALTO Real Estate Funds
LEASED
Florida
See Similar DealsRetail7,500 SF
Leased 09/01/2025
LEASED
Victoria's Secret Signs 12-Year Lease At 900 Lincoln Road With ALTO Real Estate Funds
900 Lincoln Road
See Similar DealsRetail7,500 SF
Leased 09/01/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7,500 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 900 Lincoln Road, Miami Beach, measuring 7,500 square feet. It has been leased for a significant term, emphasizing the location's notable market value in a thriving retail environment.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Term: 12 years
- Landlord: Yaniv Melamud - ALTO Real Estate Funds
- Tenant: Hillary Super - Victoria’s Secret
- Market: Miami Beach
This deal features Yaniv Melamud, representing ALTO Real Estate Funds, who is the landlord in this transaction, and Hillary Super, representing Victoria’s Secret, as the tenant. The new flagship store is part of ALTO's strategy to capitalize on post-pandemic opportunities and underscores the recent investments in Lincoln Road's luxury retail sector.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$429,895.47
Total Lease Value
$4,298,954.74
Net Landlord Cash Flow$429,895.47
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