Link Logistics Leases Industrial Space To Rentokil North America At 2385 Stirling Road
2385 Stirling Road
Building Size
18,720 SF
Asset Type
Industrial
Closing
Aug 17, 2025
AI
The property asset involved in this transaction is an industrial property located at 2385 Stirling Road in Dania Beach. The lease type for this transaction is a NNN lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2385 Stirling Road
- Market: Dania Beach
- Landlord: Link Logistics
- Tenant: Rentokil North America, Inc
- Landlord's Representatives: Christopher Thomson, Matthew McAllister & Eric Cantor - Cushman & Wakefield
- Tenant's Representative: Claire Holash - NAI Miami
This deal features representatives from both sides, with the landlord represented by Christopher Thomson, Matthew McAllister, and Eric Cantor from Cushman & Wakefield, while the tenant is represented by Claire Holash from NAI Miami. The collaboration of these professionals highlights the expertise brought to the negotiation of this lease.
Players
Fort Lauderdale 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