The property asset involved in this lease transaction is a retail space located at 51 Northwest 26th Street in Miami. The asking rent for this asset is set at $85 per square foot, encompassing a total area of 32,000 square feet. This lease is structured as a NNN Lease, providing certain benefits and obligations to the tenant. The market value reflects its positioning in a vibrant area.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $85/ft
• Address: 51 Northwest 26th Street
• Market: Miami
• Asset Size: 32,000 SF
• Lease Type: NNN Lease
• Landlord: Sentral
• Tenants: Maman Bakery, Form 50 Fitness, Wynwood Buggies, The Now Massage, Zuri, Ossobuco, House of Mane, The Wall Art & Symphony Art Galleries
• Landlord's Representative: Ezequiel Baredes & Gaston Miculitzki - BM2 Realty

The deal features a diverse tenant mix that includes restaurants, art galleries, fitness studios, and a spa, contributing to a unique lifestyle destination in the heart of Wynwood.