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14620 Northwest 60th Avenue

Alexander Sanchez Of Longpoint Partners Leases 120,000 SF Industrial Space In Miami Lakes To Gilberto Diaz And Dan Alhadeff
LEASEDIndustrial

Alexander Sanchez Of Longpoint Partners Leases 120,000 SF Industrial Space In Miami Lakes To Gilberto Diaz And Dan Alhadeff

14620 Northwest 60th Avenue, 14720 Northwest 60th Avenue & 14740 Northwest 60th Avenue

Building Size

120,000 SF

Asset Type

Industrial

Closing

May 12, 2026

AI

The property involved in this transaction is located at 14620, 14720 & 14740 Northwest 60th Avenue in the Miami Lakes market. This industrial asset spans a total of 120,000 square feet. The lease type is a NNN lease, which defines the financial responsibilities of the tenant beyond just rent.

Summary of transaction details:

The transaction is characterized by the involvement of key individuals, including the landlord, Alexander Sanchez, from Longpoint Partners, and tenants, Gilberto Diaz and Dan Alhadeff. Representing the landlord are Rene Vivo and Brandon Careaga from Vivo Real Estate Group, while Adam Talbot, Zachary Talbot, and Jacob Zammit from Cresa represent the tenants in this lease agreement.

Players

Zachary Talbot

Cresa

Broker

$15M

vol

9 deals

Broker
LP
Longpoint PartnersLandlord

Miami Lakes 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