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900 South Miami Avenue, #152

RJ Scaringe Of Rivian Leases 4000 Square Foot Showroom From Conor Flynn & Dani Cohn
LEASEDRetail

RJ Scaringe Of Rivian Leases 4000 Square Foot Showroom From Conor Flynn & Dani Cohn

900 South Miami Avenue, #152

Building Size

4,000 SF

Asset Type

Retail

Closing

Sep 2, 2025

AI

The property involved in this transaction is a retail asset located at 900 South Miami Avenue, Miami. The total square footage of the property is 4,000, designated for Rivian's showroom operations. This is Rivian's second showroom in South Florida, following their Aventura location. The showroom features a custom Tri-Motor R1S designed with inspiration from 1980s Miami aesthetics.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 900 South Miami Avenue, Miami
  • Square Footage: 4,000
  • Tenant: RJ Scaringe - Rivian
  • Landlord: Conor Flynn & Dani Cohn - Kimco

RJ Scaringe represents Rivian in this lease agreement. Conor Flynn and Dani Cohn represent Kimco as the landlords for this retail space, facilitating Rivian’s expansion in the region through this new showroom.

Players

RJ Scaringe

Rivian

Tenant

7 deals

Tenant

Bradford Retail Market Snapshot

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