Updated Dec 4, 2024
Anthem South Leases Industrial Space In Medley, FL From Morgan Stanley
10800 NW 106th St, Miami, FL 33178, USA
Building Size
21,637 SF
Asset Type
Industrial
Closing
Oct 4, 2020
About this deal
AI
An industrial property located at 10800 Northwest 106th Street in Medley has been leased. The property spans a total of 21,637 square feet.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Lease
- Tenant: Anthem South
- Landlord: Morgan Stanley
- Brokers: Devin White, David Albert, & Andrew Fernandez – CBRE
- Asking Rent: $9.55
This lease transaction was facilitated by the CBRE brokerage team consisting of Devin White, David Albert, and Andrew Fernandez. They represented both the tenant, Anthem South, and the landlord, Morgan Stanley, in the deal.
On the Map
Industrial
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Players
Medley 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93