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14924 Corporate Road South,...

Updated Oct 28, 2024

Kor Distribution Leases Industrial Space In Jupiter For $11.50/ft
LEASEDIndustrial

Kor Distribution Leases Industrial Space In Jupiter For $11.50/ft

14924 Corporate Road South, Jupiter, Florida 33478, United States

Building Size

36,376 SF

Asset Type

Industrial

Closing

Sep 7, 2022

About this deal

AI

The industrial property located at 14924 Corporate Road South in Jupiter was recently leased. The asset spans a total square footage of 36,376 and is situated in the Jupiter market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 09/08/2022
  • Tenant: Kor Distribution
  • Landlord's Representative: Steve Garine - S&K Worldwide Realty
  • Tenant's Representative: Rob Hamman - SVN Florida
  • Asking Rent: $11.50 per square foot

Rob Hamman from SVN Florida represented the tenant, Kor Distribution, in this lease transaction.

Traded’s record for 14924 Corporate Road South, Jupiter, Florida 33478, United States in Jupiter, Florida covers a industrial lease from 2022. Published size for 14924 Corporate Road South, Jupiter, Florida 33478, United States is 36,376 square feet. Robert (Rob) Hamman, SVN appear on the lease alongside SVN. This page is the Jupiter, Florida file for the 14924 Corporate Road South, Jupiter, Florida 33478, United States industrial leased: pricing, party profiles, and other closed industrial comps from the same Jupiter sit in the Market section below. Filter that Jupiter industrial set by closing date to see what else leased near 14924 Corporate Road South, Jupiter, Florida 33478, United States around 2022. Cite this Kor Distribution Leases Industrial Space In Jupiter For $11.50/ft lease when underwriting similar industrial product around Jupiter, Florida.

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Players

Robert Hamman

SVN

Broker

$4.2M

vol

3 deals

Broker
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Jupiter 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

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