Updated Oct 3, 2025
Ambrose Leases 246000 SF Industrial Facility In Jupiter To Niagara Bottling And Meyer Tool
15810 Walgreens Drive
Building Size
246,000 SF
Asset Type
Industrial
Closing
Oct 2, 2025
About this deal
AI
The industrial property located at 15810 Walgreens Drive in Jupiter consists of a total space of 246,000 square feet. This LEED Silver-certified facility has recently been fully leased, demonstrating its appeal in the marketplace.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 15810 Walgreens Drive
- Market: Jupiter
- Total Square Footage: 246,000
- Landlord: Aasif Bade - Ambrose
- Tenant 1: Andrew Peykoff Sr. - Niagara Bottling; Space Occupied: 182,839 SF
- Tenant 2: Doug Lang - Meyer Tool; Space Occupied: 63,635 SF
Aasif Bade represented Ambrose in this transaction, while Andrew Peykoff Sr. and Doug Lang represented Niagara Bottling and Meyer Tool, respectively. Ambrose’s successful leasing of the property supports its expansion in Florida, alongside new projects in Orlando and Fort Myers.
On the Map
Industrial
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Players
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