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801 South Pointe Drive

Updated May 13, 2026

GAIA Leases 10,052 SF Restaurant Space From Landlord Robert Rivani At Marea In Miami Beach
LEASEDRetail

GAIA Leases 10,052 SF Restaurant Space From Landlord Robert Rivani At Marea In Miami Beach

801 South Pointe Drive

Building Size

10,052 SF

Asset Type

Retail

Closing

May 6, 2026

About this deal

AI

The property involved in this transaction is a retail space located at 801 South Pointe Drive, Miami Beach. The space is designed for a restaurant, leased by GAIA, comprising a total of 10,052 square feet, with an asking rent set at $140 per square foot. The lease is categorized as a NNN Lease.

Summary of transaction details:

This transaction highlights the involvement of notable individuals in the deal, with Robert Rivani representing the landlord, Blacklion, while GAIA is the flagship concept of Fundamental Hospitality. Brokers Fabio Faerman and Sebastian Faerman of FA Commercial successfully facilitated this lease, contributing to the evolving retail landscape in the SoFi area, surrounded by prominent dining establishments.

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Players

Fabio Faerman

FA Commercial

Broker

$277.4M

vol

66 deals

Broker
Robert Rivani

Robert Rivani

Landlord

$690M

vol

56 deals

Landlord
GH
GAIA Real Estate HoldingsTenant
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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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