EQT Exeter Leases Industrial Property In Sunrise, Florida To AVI Aviation
1655 NW 136th Ave Sunrise, FL 33323, USA
$27
$27/SF
Building Size
128,144 SF
Asset Type
Industrial
Closing
Aug 1, 2023
AI
The industrial property located at 1655 Northwest 136th Avenue in Sunrise, Florida's Sawgrass Technology Park has been leased to AVI Aviation, an aircraft maintenance company. The warehouse spans a total of 128,144 square feet, with an asking rent of $27.98 per square foot.
Summary of Transaction Details
- Property Type: Industrial
- Asking Rent: $27.98/ft.
- Total Square Footage: 128,144
- Address: 1655 Northwest 136th Avenue, Sunrise, FL
- Market: Sunrise
EQT Exeter is the landlord of the property, while Sander Smith represents EQT Exeter as their landlord's representative. On the other hand, AVI Aviation is represented by Carlos Velasquez of VS Real Estate LLC (VSRE) as their tenant's representative. The location of the warehouse in close proximity to Fort Lauderdale International Airport makes it an ideal fit for AVI Aviation's operations and clientele.
Players
Miami 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
587518.52%
Cash-on-Cash
-167914.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93