David Lichtenstein Of Lightstone Leases 4,600-SF Retail Space To Eyal Shani's Naked Tomato In Miami Beach
915 Washington Avenue
Building Size
4,600 SF
Asset Type
Retail
Closing
Apr 27, 2026
AI
The property located at 915 Washington Avenue in Miami Beach comprises a retail asset with a total area of 4,600 square feet. The lease transaction marks the opening of a new restaurant called Naked Tomato.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 915 Washington Avenue
- Market: Miami Beach
- Landlord: David Lichtenstein - Lightstone
- Tenant: Eyal Shani - Naked Tomato
Eyal Shani will launch Naked Tomato, inspired by Israeli roadside diners, on May 14 at the Moxy Miami South Beach. The property at 915 Washington Avenue is owned by an affiliate of Lightstone, led by David Lichtenstein.
Players
Miami Beach 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