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2100 NW 97th Ave, Doral, FL...

Expolanka USA Leases 56000 Square Feet From ProLogis At 2100 NW 97th Ave Doral
LEASED

Expolanka USA Leases 56000 Square Feet From ProLogis At 2100 NW 97th Ave Doral

2100 NW 97th Ave, Doral, FL, 33172

Building Size

56,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property asset involved in this lease transaction is located at 2100 NW 97th Ave, Doral, FL, 33172. It encompasses a total of 56,000 square feet and is situated in the Doral market.

Summary of transaction details:

The individuals and companies involved in this transaction include the tenant Expolanka USA, represented by Frank Trelles and George Pino from State Street Realty. The landlord, ProLogis, is represented by Brian Smith from JLL, facilitating the agreement between the two parties.

Players

Brian Smith

JLL

Broker

$84M

vol

7 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