Alco Windows & Doors Leases Industrial Space In Doral
1421 NW 89th Ct, Doral, Florida 33172, United States
Building Size
16,334 SF
Asset Type
Industrial
Closing
Jun 30, 2022
AI
Alco Windows & Doors has leased an industrial property located at 1421 NW 89th Ct in the Doral market. The property spans 16,334 square feet and was leased at an asking rent of $14.25 per square foot. The lease transaction was closed on July 1, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 1421 NW 89th Ct
- Market: Doral
Ross Giglio is the landlord of the property, while Alco Windows & Doors is the tenant. The landlord's representative in the deal was Andrew Fernandez from CBRE, and the tenant was represented by Dominic Rivera from Pine River Realty.
Miami 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