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45 Northeast 41st Street

Forte Capital Management Leases Retail Space To Supreme At 45 Northeast 41st Street
LEASEDRetail

Forte Capital Management Leases Retail Space To Supreme At 45 Northeast 41st Street

45 Northeast 41st Street

$250

$250/SF

Building Size

7,968 SF

Asset Type

Retail

Closing

Apr 9, 2025

AI

The retail lease transaction involves a property located at 45 Northeast 41st Street in the Miami market. The asset type is retail, featuring a total square footage of 7,968. The asking rent for this property is set at $250 per square foot.

Summary of transation details:

Key individuals in this transaction include representatives from both sides: the landlord's team includes David Abrams, Jeff Jacobson, and Eliot Goldschmidt, while the tenant's side is represented by Frank Begrowwicz and Jason Greenstone. Their involvement played a significant role in facilitating this lease agreement.

Players

Eliot Goldschmidt

Masonre

Broker

$17.3M

vol

11 deals

Broker
FM
Forte Capital ManagementLandlord

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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93