Pure Capital Leases Industrial Space To Brelex Rentals At 2320 Northwest 147th Street
2320 Northwest 147th Street
$15
$15/SF
Building Size
103,000 SF
Asset Type
Industrial
Closing
Apr 28, 2025
AI
The property involved in the transaction is an industrial asset located at 2320 Northwest 147th Street in Opa Locka. The asset spans 103,000 square feet and the lease type is a Single Net Lease with an asking rent of $15 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15/ft
- Address: 2320 Northwest 147th Street
- Market: Opa Locka
- Asset Size: 103,000 SF
- Landlord: Pure Capital
- Tenant: Brelex Rentals
- Landlord's Representative: Eli Sasson Bril & Elad Barokas - AXIOM Capital Advisors
Key individuals in this transaction include the landlord Pure Capital, represented by Eli Sasson Bril and Elad Barokas from AXIOM Capital Advisors, and the tenant Brelex Rentals. The involvement of these professionals highlights their role in facilitating the lease agreement.
Players
Opa Locka 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
1057533.33%
Cash-on-Cash
-302246.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93