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
Bradford Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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