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Foreign Parts Distributors Leases 152800 Square Feet At 3000 NW 125th St Miami

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LEASED

Florida

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Industrial152,800 SF
Leased
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LEASED

Foreign Parts Distributors Leases 152800 Square Feet At 3000 NW 125th St Miami

3000 NW 125th St, Miami, FL, 33167

See Similar Deals
Industrial152,800 SF
Leased
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:152800 SF
Transaction Type:Lease

The property involved in this transaction is a warehouse located at 3000 NW 125th St, Miami, FL, 33167. This warehouse spans 152,800 square feet and sits on a 6.7-acre lot. The building was constructed in 1990 and is situated north of State Road 924. The property is currently leased by Foreign Parts Distributors, which focuses on after-market automobile parts distribution.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 3000 NW 125th St, Miami, FL, 33167
  • Market: Miami
  • Tenant: Foreign Parts Distributors
  • Landlord: 3000 Gratigny Associates LLC
  • Tenant's Representative: Daniel Cook (Cook Commercial Realty)
  • Landlord's Representative: James Armstrong (Easton & Associates)
  • Square Feet: 152800

This lease transaction involved key representatives: Daniel Cook represented the tenant, Foreign Parts Distributors, while James Armstrong represented the landlord, 3000 Gratigny Associates LLC. The leasing reflects the company's ongoing operations, as they also maintain warehouse space in Hialeah.

Players

James (Jim) Armstrong
3 deals$5.3M volume
BROKER

Michael (Mike) Waite
The Easton Group
6 deals$5.3M volume
BROKER

Daniel Cook
Cook Commercial Realty
3 deals$8.8M volume
BROKER

Details

LEASED
IMAGE: 3000 NW 125th St, Miami, FL, 33167 MARKET: Miami TENANT'S REP: Daniel Cook(Cook Commercial Realty) LANDLORD'S REP: James Armstrong(Easton & Associates) TENANT: Foreign Parts Distributors LANDLORD: 3000 Gratigny Associates LLC SQUARE FEET: 152800

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Deal Type
Effective Rent (Annual)

$8,758,403.79

Total Lease Value

$87,584,037.94

Net Landlord Cash Flow$8,758,403.79