facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Lease

/

1530 Northwest 89th Court

Brendan Duffy Leases Industrial Space To James Davis At 1530 Northwest 89th Court For $18/ft
LEASEDIndustrial

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:

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

Frank Trelles

Vivo Real Estate Group

Broker

$104.8M

vol

40 deals

Broker

Brendan Duffy

Landlord

1 deal

Landlord
James Davis

James Davis

Tenant

$11.7M

vol

2 deals

Tenant

Doral Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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