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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: 10 years
- Landlord: Alexander Sanchez - Longpoint Partners
- Tenant: Gilberto Diaz & Dan Alhadeff
- Landlord's Representative: Rene Vivo & Brandon Careaga - Vivo Real Estate Group
- Tenant's Representative: Adam Talbot, Zachary Talbot & Jacob Zammit - Cresa
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
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