Rockpoint Group Leases Retail Space To Novecento In Brickell, Miami
LEASED
Florida
See Similar DealsRetail6,544 SF
Leased 10/07/2021
LEASED
Rockpoint Group Leases Retail Space To Novecento In Brickell, Miami
901 South Miami Avenue, Downtown Miami, Miami, FL, USA
See Similar DealsRetail6,544 SF
Leased 10/07/2021
Summary
FLORIDA
Asset Type:Retail
Total Square Footage:6,544 SF
Transaction Type:Lease
The retail property located at 901 S Miami Avenue in Brickell, Miami has been leased in a long-term agreement. The property spans approximately 6,544 square feet and features an asking rent of $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Date: 10/07/2021
- Market: Brickell, Miami
- Landlord: Rockpoint Group
- Tenant: Novecento
- Broker: John Ellis - Newmark
- Asking Rent: $100/ft.
- Lease Terms: long-term
The Rockpoint Group acted as the landlord in this lease transaction, while Novecento will be the new tenant. The deal was facilitated by broker John Ellis from Newmark.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$375,098.13
Total Lease Value
$3,750,981.31
Net Landlord Cash Flow$375,098.13
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