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2320 Northwest 147th Street

Pure Capital Leases Industrial Space To Brelex Rentals At 2320 Northwest 147th Street
LEASEDIndustrial

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:

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

Elad Barokas

AXIOM Capital Advisors

Broker

$82.1M

vol

25 deals

Broker

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