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2200 Northeast 7th Avenue

Rehoboth Terminal Leases 44805 SF At Bridge Point Port Everglades In Dania Beach
LEASEDIndustrial

Rehoboth Terminal Leases 44805 SF At Bridge Point Port Everglades In Dania Beach

2200 Northeast 7th Avenue

Building Size

44,805 SF

Asset Type

Industrial

Closing

Jun 10, 2025

AI

The property involved in this transaction is an industrial asset located at 2200 Northeast 7th Avenue in Dania Beach, comprising a total square footage of 44,805. The facility is part of a larger development, consisting of a 171,983 SF warehouse constructed by Bridge Industrial.

Summary of transaction details:

This transaction marks Rehoboth Terminal as the first tenant to sign a lease at the Bridge Point Port Everglades property. The landlord, represented in the deal by JLL's Sky Groden, Ken Morris, and Jeremy Cain, facilitated this agreement for the new tenant.

Players

Sky Groden

JLL

Broker

$207.6M

vol

13 deals

Broker
Steve Poulos

Steve Poulos

Bridge Industrial

Landlord

$2B

vol

26 deals

Landlord

Dania 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