Dalfen Industrial Leases 96000 Square Feet To Cooper&Hunter In Hialeah Represented By Brokers
11250 West 36th Avenue
Building Size
96,000 SF
Asset Type
Industrial
Closing
Nov 15, 2024
AI
The asset involved in this transaction is an industrial property located at 11250 West 36th Avenue in Hialeah, comprising a total of 96,000 square feet. The property, positioned within Midpoint Miami Logistics Center, is suitable for industrial use, specifically leased by Cooper&Hunter, a company specializing in HVAC equipment.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11250 West 36th Avenue
- Market: Hialeah
- Landlord: Sean Dalfen - Dalfen Industrial
- Tenant: Marat Terchiyev - Cooper&Hunter
- Landlord's Representative: Ivana Leitner Perez, Skylar Stein & Wayne Ramoski - Cushman & Wakefield
- Tenant's Representative: Cook Commercial Realty
Wayne Ramoski, Ivana Leitner Perez, and Skylar Stein from Cushman & Wakefield represented Dalfen Industrial in this leasing transaction. The tenant, Cooper&Hunter, was represented by Cook Commercial Realty. The deal was for a newly completed 300,000-square-foot facility located near significant transportation hubs in Miami.
Players
Hialeah 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