Omer Horev & Jennifer Horev Lease Retail Space At 8525 Mills Drive In Miami For Pura Vida
8525 Mills Drive
Building Size
—
Asset Type
Retail
Closing
Jul 13, 2026
AI
The property involved in this transaction is a retail asset located at 8525 Mills Drive Unit 301 in Miami, FL. The specific details related to the price or amount of the transaction have not been disclosed. The asset is situated in a market that includes various commercial properties, and this particular location has attracted a new tenant, Pura Vida Miami, which is establishing its second café in the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Disclosed
- Address: 8525 Mills Drive Unit 301
- Market: Miami, FL
- Tenant: Omer Horev & Jennifer Horev - Pura Vida Miami
Omer Horev and Jennifer Horev are the tenant representatives for the lease. Pura Vida Miami's new café marks an expansion of the brand's presence following the success of its location at Dadeland Mall, which contributes to its growth strategy, aiming for more than 50 locations nationwide across various states.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93