Link Logistics Acquires 115.7 Acres Of Land In Miami Gardens For $291M
21001 Northwest 27th Avenue
$291,000,000
$2,910/SF
Building Size
100,000 SF
Asset Type
—
Closing
Nov 23, 2021
About this deal
AI
The sale of a land property has taken place in Miami Gardens. The property, located at 21001 NW 27th Avenue alderCasino, spans approximately 115.7 acres. The transaction was completed on 11/23/2021.
Summary of transation details
- Property Type: Land
- Transaction Amount: $291,000,000 (approx.)
- Market: Miami Gardens
- Buyer: Link Logistics
- Seller: Churchill Downs Incorporated - William C. Carstanjen
William C. Carstanjen captured an image of the property, showcasing its features. The sale of the land asset was brokered by Link Logistics and represented by Churchill Downs Incorporated - William C. Carstanjen. No additional details are available about the deal.
On the Map
$291,000,000
$2,910/SF
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Players
Opa Locka CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93