NAI Miami Negotiates Lease For Party Cake Bakery At Shoppes Of Old Cutler

NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today the team of Jeremy Larkin and Joseph Gallaher recently negotiated a 2,485-square-foot, 10-year lease at The Shoppes of Old Cutler located at 20210 – 20236 Old Cutler Road in Cutler Bay, Florida.

The lease is valued at over $800,000.00.

The landlord is New Cutler Bay Shoppes, LLC and the new tenant is Party Cake Bakery X, Inc.  

Shoppes of Old Cutler was originally developed by NAI Miami for Old Cutler, LLC in 2005, sold by the Larkin/Gallaher Team in 2012 for $3,500,000 to Lider Net Mall, LLC and again in 2017 to New Cutler Bay Shoppes, LLC for $4,850,000. Since developing the shopping center, NAI Miami leased and managed the nearly 15,000 square foot retail strip center maintaining its occupancy levels close to 100% since it opened for business.

 

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