The Kroenke Group Leases Retail Space To Chipotle At 5396 Biscayne Boulevard Miami

The property asset involved in the transaction is a retail space located at 5396 Biscayne Boulevard in Miami. This asset features an asking rent of $7 per square foot and encompasses a total area of 33,490 square feet. The lease agreement pertains to a Ground Lease structured as a NNN Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7/ft
• Address: 5396 Biscayne Boulevard
• Market: Miami
• Landlord: The Kroenke Group
• Tenant: Chipotle
• Lease Term: Ground Lease
• Lease Type: NNN Lease
• Landlord's Representative: Arnaldo Cantero III - C-3 Commercial Real Estate Advisory

Key individuals involved in the transaction include Arnaldo Cantero III, who represents the landlord, The Kroenke Group, through C-3 Commercial Real Estate Advisory. C-3 Commercial Real Estate Advisory provides a range of services including retail leasing and tenant representation, retail investment sales, and strategic consulting to optimize property value and leasing strategies.