LEASEDRetail
Rainier Sebastián León of RESF Represents Body+Beauty Lab in Multi-Year Bay Harbor Islands Lease
1000 96th Street
Building Size
2,475 SF
Asset Type
Retail
Closing
Jul 1, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 1000 96th Street in Bay Harbor Islands. It encompasses an area of 2,475 square feet and is subject to a NNN Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1000 96th Street
- Market: Bay Harbor Islands
- Landlord: Church by the Sea
- Tenant: Body + Beauty Lab
- Landlord's Rep: Zach Winkler - JLL
- Tenant's Rep: Rainier Sebastián León - Real Estate Sales Force (RESF)
- Lease Type: NNN Lease
Rainier Sebastián León of Real Estate Sales Force (RESF) represents Body+Beauty Lab in this multi-year lease. Body+Beauty Lab has opened its second Florida location and fourth overall after this transaction, expanding its offerings in the Bal Harbour–Surfside trade area.
Players
Surfside 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