Ryan Albregts Of Epic Stoneworks Inc. Leases 105850 Square Feet Industrial Space In Opa Locka
12705 Cairo Lane
Building Size
105,850 SF
Asset Type
Industrial
Closing
Nov 24, 2025
AI
The lease transaction involved an industrial asset located at 12705 Cairo Lane in Opa Locka, Florida. This facility encompasses a total area of 105,850 square feet and is identified for its suitability for heavy industrial operations.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Landlord: KC Realty, LLC
- Tenant: Ryan Albregts - Epic Stoneworks, Inc
- Brokers: Matthew Rotolante & Conner Milford - Lee & Associates
This transaction marks a significant move for Epic Stoneworks, Inc. as they transition from a smaller facility in Cutler Bay to this larger space, contributing to the creation of new jobs in the area. Furthermore, this lease represents the first conversion project under the city’s initiative aimed at enhancing the corridor with higher-value industrial uses.
Players
Opa Locka 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