Tabani Group Acquires Retail Asset At 318 Lincoln Road In Miami Beach For $18.4M
318 Lincoln Road
$18,400,000
$756/SF
Building Size
24,339 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 318 Lincoln Road in Miami Beach. The transaction was completed with a sale price of $18,400,000. The property encompasses a total square footage of 24,339, resulting in a price per square foot of $755.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,400,000
- Address: 318 Lincoln Road
- Market: Miami Beach
- Square Footage: 24,339
- Price per Square Foot: $755
- Buyer: Tabani Group
- Seller: Scott Robins Companies & Tricera Capital
- Brokers: Eric Williams, Conor Lalor, James Sharpe V & Andrei Larion - Newmark; Jared Robins - Inhouse Commercial
The transaction involved multiple brokers from Newmark, specifically Eric Williams, Conor Lalor, James Sharpe V, and Andrei Larion, who represented the buyer and seller in the deal. Jared Robins of Inhouse Commercial also played a role in the transaction, representing the seller.
On the Map
$18,400,000
$756/SF
Retail
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Players
Miami Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93