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8525 Mills Drive

Omer Horev & Jennifer Horev Lease Retail Space At 8525 Mills Drive In Miami For Pura Vida
LEASEDRetail

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

Omer Horev

Pura Vida Miami

Tenant

7 deals

Tenant

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