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11250 West 36th Avenue

Dalfen Industrial Leases 96000 Square Feet To Cooper&Hunter In Hialeah Represented By Brokers
LEASEDIndustrial

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

Wayne Ramoski

Cushman & Wakefield

Broker

$128.3M

vol

14 deals

Broker

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