Updated Dec 18, 2025
Fortuna Real Estate Leases 41,000 SF Industrial Space To CDM In Doral For $4.5M
10405 Northwest 19th Street
$4,500,000
$4,500,000/SF
Building Size
41,000 SF
Asset Type
Industrial
Closing
Dec 7, 2025
About this deal
AI
The industrial property located at 10405 Northwest 19th Street in the Doral market encompasses a total area of 41,000 square feet. The landlord, Fortuna Real Estate, has completed a lease agreement with CDM at an asking rent of $22.50 per square foot. The lease term is set for five years, and the lease type is Full Service Gross.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4.5M
- Landlord: Fortuna Real Estate
- Tenant: CDM
- Landlord's Representative: Michael Hinton - Lee & Associates
- Tenant's Representative: Javier Cardenal - Cardenal Realty Advisors
- Lease Term: 5 years
- Lease Type: Full Service Gross
- Asking Rent: $22.50/ft
- Square Footage: 41,000
Michael Hinton from Lee & Associates represents the landlord, Fortuna Real Estate, in this lease transaction. Javier Cardenal from Cardenal Realty Advisors represents the tenant, CDM. Both representatives played essential roles in facilitating this lease agreement.
On the Map
$4,500,000
$4,500,000/SF
Industrial
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Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93