Freddo Signs NNN Lease With Esme Hotel For Retail Space On Española Way In Miami Beach

The property asset involved in the transaction is located at 440 Española Way in Miami Beach. This retail space has a total square footage of 990 and is being leased under a NNN Lease at an asking rent of $70 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $69,300
• Address: 440 Española Way
• Market: Miami Beach
• Landlord: Esme Hotel
• Tenant: Freddo
• Brokers: Sebastian Faerman & Fabio Faerman - FA Commercial

Freddo will be opening its store on the pedestrian street known as Española Way at the Esme Hotel. This marks the brand's expansion to the east coast after successfully establishing its first two locations on the west coast in Los Angeles and Las Vegas. The company continues to grow and is actively seeking additional locations across the United States.