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Conrad Yohan De Armas Leases Mixed-Use Space At 1100 & 1110 Northwest North River Drive In Miami

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LEASED
$77

Florida

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Single Family Residence3,400 SF
Leased 02/01/2023
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LEASED

Conrad Yohan De Armas Leases Mixed-Use Space At 1100 & 1110 Northwest North River Drive In Miami

1110 Northwest North River Drive

See Similar Deals
Single Family Residence3,400 SF
Leased 02/01/2023
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$77
Total Square Footage:3,400 SF
Transaction Type:Lease

The mixed-use property located at 1100 & 1110 Northwest North River Drive in Miami has been leased. The property features a total square footage of 3,600. The tenant, Conrad Yohan De Armas, has entered into a 12-month lease agreement with the landlord, Babba Yesharim, at a rental rate of $77 per square foot.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Lease
  • Tenant: Conrad Yohan De Armas
  • Landlord: Babba Yesharim
  • Landlord's Representative: Aaron DeMayo - FI Real Estate & Mendel Fellig - Compass
  • Rental Rate: $77 per square foot
  • Lease Term: 12 months

The deal was facilitated by Aaron DeMayo of FI Real Estate and Mendel Fellig of Compass, who represented the landlord in the transaction. The property at 1100 NW N River Drive features a 3-bedroom and 2.5-bathroom layout, with a last asking price of $12,500. On the other hand, the property at 1110 NW N River Drive offers a 4-bedroom and 4-bathroom configuration, with a last asking price of $14,750.

Players

2 deals$2.5M volume
BROKER

Babba Joshua Yesharim
28 deals$107.5M volume
LANDLORD

Babba Joshua Yesharim
28 deals$107.5M volume
LANDLORD

Details

LEASED
IMAGE: Aaron DeMayo, Babba Yesharim & Mendel Fellig DATE: 02/01/2023 ADDRESS: 1100 & 1110 Northwest North River Drive MARKET: Miami ASSET TYPE: Mixed-use TENANT: Conrad Yohan De Armas LANDLORD: Babba Yesharim (@Babbajoon) LANDLORD'S REP: Aaron DeMayo (@Aaron_Demayo) – FI Real Estate (@Fi.Real.Estate) & Mendel Fellig (@MendelFelligGroup) - Compass (@Compass) (@CompassFL) RENTED: $77/ft ~ SF: 3,600 LEASE TERM: 12 month lease NOTE FROM BROKERS: 1100 NW N River Drive 3/2.5 $12,500 LAST ASK 1110 NW N River Drive 4/4 $14,750 LAST ASK

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Deal Type
Effective Rent (Annual)

$300,124.36

Total Lease Value

$3,001,243.60

Net Landlord Cash Flow$300,124.36