Updated Mar 11, 2025
NAI Miami Brokers Lease Of Industrial Warehouse To GSO Aviation In Doral
2080 Northwest 96th Avenue
Building Size
15,090 SF
Asset Type
Industrial
Closing
Mar 4, 2024
About this deal
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.
On the Map
Industrial
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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