Eyal Albert Leases Retail Space To Amir Ben Zion For Bardot In Miami At $65/ft

The property asset involved in this transaction is a retail space located at 223 Southeast 1st Street in Miami. The asking rent for this asset is $65 per square foot, with a total square footage of 4,464. The lease agreement is structured as a NNN Lease with a term duration of 10 years and a 5-year option.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $65/ft
• Lease Term: 10 + 5 year option
• Lease Type: NNN Lease
• Landlord: Eyal Albert
• Tenant: Amir Ben Zion "Bardot"
• Tenant's Representative: Shai Ben Ami - Urban Core

Shai Ben Ami, representing the tenant Amir Ben Zion, is facilitating the return of Bardot, a notable establishment in Wynwood, which originally opened its doors in 2010. This move indicates a revival of a classic Miami bar in the retail market.