NAI Miami Brokers Lease Of Industrial Warehouse To GSO Aviation In Doral
2080 Northwest 96th Avenue
$21
$21/SF
Building Size
15,090 SF
Asset Type
Industrial
Closing
Mar 4, 2024
AI
The industrial warehouse located at 2080 Northwest 96th Avenue in Doral, FL, was leased for $21.50 per square foot. The property spans 15,090 square feet and was the site of a transaction between the Landlord, BRE Investment Group, and the Tenant, GSO Aviation, Inc., represented by Ray Rodriguez.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Leased at $21.50/ft. for a total of 15,090 SF
- Address: 2080 Northwest 96th Avenue
- Market: Doral
- Landlord: BRE Investment Group
- Tenant: Ray Rodriguez - GSO Aviation, Inc.
- Landlord's Rep: Lucas Engel & Robert Eckstein - NAI Miami
- Tenant's Rep: Dalton Easton - The Easton Group
The lease of the industrial warehouse in Doral, FL, was facilitated by NAI Miami | Fort Lauderdale. GSO Aviation, Inc., a major MRO services supplier for aircraft operators, found the property's features suitable for their operations, leading to a long-term agreement with BRE Investment Group. Dalton Easton of The Easton Group represented the Tenant, Ray Rodriguez, in this transaction.
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
755380.95%
Cash-on-Cash
-215890.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93