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

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LEASED
$7

Florida

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Retail33,490 SF
Leased 01/23/2025
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LEASED

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

5396 Biscayne Boulevard

See Similar Deals
Retail33,490 SF
Leased 01/23/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$7
Total Square Footage:33,490 SF
Transaction Type:Lease

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.

Players

Arnaldo Cantero III
C-3 Commercial Real Estate Advisory
Arnaldo Cantero III
9 deals$26.4M volume(305) 967-0557
BROKER
C
Chipotle
TENANT

Details

LEASED
IMAGE: Arnaldo Cantero III DATE: 01/23/2025 ADDRESS: 5396 Biscayne Boulevard MARKET: Miami ASSET TYPE: Retail LANDLORD: The Kroenke Group TENANT: Chipotle (@Chipotle) LANDLORD'S REP: Arnaldo Cantero III (@ACantero36) - C-3 Commercial Real Estate Advisory (@C3Commercial) (@miamidowntown) (@sfbjnews) (@miamicommercial) (@miamirealestate) ASKING RENT: $7/ft ~ SF: 33,490 LEASE TERM: Ground Lease LEASE TYPE: NNN Lease NOTE FROM BROKER: At C-3 Commercial Real Estate Advisory, we do more than just close retail deals—we provide strategic investment sales, retail landlord and tenant representation, and retail advisory services that help our clients maximize the value of their real estate assets. Our Core Retail Services: ✔ Retail Leasing & Tenant Representation – Finding the right tenants and negotiating top-tier lease terms for landlords. ✔ Retail Investment Sales – Helping clients buy and sell income-producing retail properties with expert market insight. ✔ Retail Owner & Developer Advisory – Strategic consulting to optimize property value and leasing strategies. ✔ Retail Acquisitions & Dispositions – Identifying prime retail opportunities and executing exit strategies for maximum returns. For more information, contact Arnaldo Cantero III at [email protected], or 305-967-0557

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Deal Type
Effective Rent (Annual)

$268,747.72

Total Lease Value

$2,687,477.23

Net Landlord Cash Flow$268,747.72