Brendan Duffy Leases Industrial Space To James Davis At 1530 Northwest 89th Court For $18/ft
1530 Northwest 89th Court
$18
$18/SF
Building Size
45,000 SF
Asset Type
Industrial
Closing
Jul 6, 2026
AI
The property involved is an industrial asset located at 1530 Northwest 89th Court, situated in the Doral market. The lease has an asking rent of $18 per square foot and encompasses a total of 45,000 square feet. This lease is structured as a NNN Lease with a term of 10 years.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18/ft
- Square Footage: 45,000
- Address: 1530 Northwest 89th Court
- Market: Doral
- Lease Term: 10 Years
- Lease Type: NNN Lease
- Landlord: Brendan Duffy
- Tenant: James Davis
- Landlord's Representative: Sebastian Juncadella, Jose Juncadella & Patrick Wills - Fairchild Partners
- Tenant's Representative: Frank Trelles & Jason Gonzalez - Vivo Real Estate Group
The transaction is a 10-year lease agreement, signifying a long-term commitment between the landlord and tenant. The representatives involved play key roles in facilitating the lease agreement for both the landlord and tenant, ensuring proper negotiation and contractual setup.
Players
Doral 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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93