Associates Belus Brutus & Ryan Sullivan Arrange Sale of 3,500 S.F.

Woodbridge, N.J., August 31, 2026 — The Kislak Company of Florida, Inc. announced the recent sale of a 3,484-square-foot master retail leasehold interest at 9517-9523 Harding Avenue in Surfside, Miami-Dade County, Florida for $1,500,000.

Kislak marketed the leasehold interest on an exclusive basis with associates Belus Brutus and Ryan Sullivan handling the assignment on behalf of the seller, Harding Avenue Rentals, LLC, and they also procured the purchaser, which was not disclosed.

Mr. Brutus commented, “It was a privilege to represent both the seller and buyer in this transaction. The buyer is a sophisticated leasehold investor who understood the asset and moved decisively. That kind of clarity and conviction is what gets deals done.”

The offering consisted of the master leasehold interest in a fully occupied retail building with 3,484 square feet. The investment includes control of the property through the remaining 24-years of a 99-year ground lease, providing the purchaser with long-term operational control and income. The property is occupied by four retail tenants with existing leases through 2027 and 2028, offering stable in-place cash flow and the opportunity to increase below-market rents over time.

Located just south of the Bal Harbour Shops along Harding Avenue, Surfside’s premier retail corridor two blocks west of the Atlantic Ocean, the property benefits from exceptional visibility, strong pedestrian traffic and a surrounding mix of affluent residential neighborhoods, hotels and neighborhood-serving retailers. The location continues to attract investors seeking well-positioned retail assets in one of South Florida’s most desirable beachfront communities.

The transaction was completed on an all-cash basis. The leasehold structure presented a unique investment opportunity, combining long-term control of a stabilized retail asset with meaningful upside potential through future rent growth and operational efficiencies.

Belus Brutus joined Kislak in 2024, and specializes in the sale of multifamily, retail shopping plazas and other investment properties in southern Florida.

Ryan Sullivan also joined Kislak in 2024 and specializes in the sale of multifamily and other investment properties in southern Florida.

About Kislak The Kislak Company of Florida, Inc. is the Florida-based brokerage affiliate of The Kislak Company, Inc., which is headquartered in New Jersey, and is a leading commercial real estate brokerage consistently recognized for its investment sales success.

Established in 1906, Kislak’s market leadership position and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Delaware, and Florida.

Now in its 120th year, Kislak was among a select group of firms recognized as a 2024 Power Broker by CoStar Group, Inc. and this was the firm’s 19th consecutive recognition. Kislak was also named by NJBIZ as a 2024 Leader in Real Estate, Construction and Design and this was the firm’s third recent recognition.