Updated Oct 28, 2024
Rivans Auto Group Leases Industrial Space In Aventura From Jeg & Sons
20000 Northeast 15th Court
$14
$14/SF
Building Size
18,500 SF
Asset Type
Industrial
Closing
Nov 8, 2022
About this deal
AI
The industrial property located at 20000 NE 15th Ct in Aventura has recently been leased. The transaction was facilitated by CBRE brokers Noah Ohayon, Larry Genet, and Tom O'Loughlin. The landlord, Jeg & Sons, entered into a lease agreement with the tenant, Rivans Auto Group. The property spans approximately 18,500 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 20000 NE 15th Ct, Aventura
- Market: Aventura
- Landlord: Jeg & Sons
- Tenant: Rivans Auto Group
- Brokers: Noah Ohayon, Larry Genet & Tom O'Loughlin - CBRE
- Asking Rent: $14/ft.
- Square Footage: 18,500 SF
Note: No additional details are available for this transaction.
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
1133071.43%
Cash-on-Cash
-323835.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93