Robert Rivani Of Blacklion Leases Retail Space To Ockap At One Ocean Miami Beach
1 Collins Avenue
$140
$140/SF
Building Size
3,160 SF
Asset Type
Retail
Closing
Jul 15, 2025
About this deal
AI
The property involved in this transaction is a 3,160 SF retail space located at 1 Collins Avenue, Miami Beach. It is part of the One Ocean retail space and is leased at an asking rent of $175 per square foot. The lease type is a NNN lease, and the landlord for this transaction is Robert Rivani, representing Blacklion.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $175/ft
- Address: 1 Collins Avenue
- Market: Miami Beach
- Tenant: Ockap
- Landlord: Robert Rivani - Blacklion
- Brokers: Fabio Faerman & Sebastian Faerman - FA Commercial
- Square Footage: 3,160
- Lease Type: NNN Lease
FA Commercial acted on behalf of the ownership, Blacklion, in this lease signing. Ockap Caviar will occupy the east corner unit facing both Catch and the former Nikki Beach. Additionally, there remains a vacant unit of 8,100 SF available for lease, offering a potential flagship restaurant space in the prominent South of 5th area.
On the Map
$140
$140/SF
Retail
View full map
Players
Miami Beach Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Sebastian Faerman to view all their deals.
Browse Miami Beach retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93