Barak Diskin Lands Tenant Sunkissed For Retail Lease At 801 Brickell Bay Drive In Miami
801 Brickell Bay Drive
$70
$70/SF
Building Size
5,203 SF
Asset Type
Retail
Closing
Apr 20, 2025
AI
Located at 801 Brickell Bay Drive in Miami, this retail asset features a fully built-out, 2nd-generation NNN restaurant space. The total area spans 5,203 square feet, with an asking rent of $70 per square foot. The property is situated in a prime corner unit and is completely turnkey, fully furnished, and equipped, making it ready for immediate operation.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $70/ft
- Lease Type: NNN Lease
- Landlord: Barak Diskin
- Tenant: David Cedeño - Sunkissed
- Brokers: Fabio Faerman & Sebastian Faerman - FA Commercial
- Market: Miami
- Square Footage: 5,203 SF
FA Commercial represents the landlord in the lease transaction to Sunkissed, adding this establishment to a growing collection of brands in the vibrant Brickell neighborhood. The location's proximity to notable landmarks, such as Brickell City Centre, enhances its appeal and supports a high-traffic environment. This transaction demonstrates FA Commercial's commitment to fulfilling the needs of both the tenants and the landlord in Miami's evolving market.
Players
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93