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1627 NW 84th Ave, Doral, FL...

Dal-Tile Distribution Inc Leases 15121 Square Feet From ProLogis In Doral With CBRE's Devin White
LEASED

Dal-Tile Distribution Inc Leases 15121 Square Feet From ProLogis In Doral With CBRE's Devin White

1627 NW 84th Ave, Doral, FL, 33126

Building Size

15,121 SF

Asset Type

Closing

Nov 19, 2023

AI

The property located at 1627 NW 84th Ave, Doral, FL, 33126, comprises a total area of 15,121 square feet and is situated in the Doral market. The leasing transaction involves ProLogis as the landlord, who is renting the space to Dal-Tile Distribution, Inc.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1627 NW 84th Ave, Doral, FL, 33126
  • Tenant: Dal-Tile Distribution, Inc
  • Landlord: ProLogis
  • Tenant's Representative: Devin White-CBRE
  • Landlord's Representatives: Brian Cabielles, George Pino

This transaction highlights the role of Devin White from CBRE representing the tenant, while Brian Cabielles and George Pino represent the landlord, ProLogis. Their involvement indicates the professional support in facilitating the lease agreement for the property.

Players

Devin White

CBRE

Broker

$461.7M

vol

22 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

Doral CRE Market Snapshot

Boundary boundary · CRE · 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