Pietro Beccari Of Louis Vuitton Leases Retail Space At 140 Northeast 39th Street In Miami
140 Northeast 39th Street
Building Size
—
Asset Type
Retail
Closing
Jun 29, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 140 Northeast 39th Street in Miami, FL. The asset accommodates a new temporary women's store for Louis Vuitton, which features various product lines including women's leather goods, ready-to-wear, shoes, watches, jewelry, fragrance, and travel collections. The space is designed with a multi-level, resort-inspired layout incorporating signature design elements alongside commissioned artworks.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: Pietro Beccari - Louis Vuitton
- Market: Miami, FL
Pietro Beccari represents Louis Vuitton in this lease transaction. The notable collaboration reinforces the brand's presence within the luxury retail market in Miami, enhancing the overall retail landscape in the Miami Design District.
On the Map
Retail
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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