Cushman & Wakefield Brokers 95,356 Square Foot Industrial Lease At 11250 West 36th Avenue
11250 West 36th Avenue
Building Size
95,356 SF
Asset Type
Industrial
Closing
Nov 6, 2024
AI
The property asset involved in the transaction is located at 11250 West 36th Avenue in Hialeah. This industrial asset spans 95,356 square feet and is part of a prime industrial development along the I-4 corridor, situated between Orlando and Tampa. The development comprises two buildings: Building 100, which has a total area of 422,199 square feet, and Building 200, which offers 474,600 square feet. The complex features high-clearance spaces and a range of amenities for tenants.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 95,356 SF
- Address: 11250 West 36th Avenue
- Market: Hialeah
The key individuals involved in this lease transaction include Ivanna Leitner Perez, Skylar Stein, and Wayne Ramoski, all of whom represent Cushman & Wakefield. Their involvement emphasizes the brokerage’s role in facilitating the lease for the industrial property.
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