Updated Oct 29, 2024
KeHE Signs Lease For 201,000 SF Industrial Space In Weston With Landlord Cabot Properties's Rep Tom O’Loughlin & Larry Gene
3225 Meridian Pkwy, Weston, FL 33331, USA
Building Size
201,000 SF
Asset Type
Industrial
Closing
Mar 31, 2020
About this deal
AI
The industrial property located at 3225 Meridian Pkwy in Weston was recently involved in a closed transaction. The property spans 201,000 square feet and is owned by Cabot Properties. The tenant, KeHE, will be occupying the space. The asking rent for the property was $8.75 per square foot on a triple net basis.
Summary of transaction details:
- Property Type: Industrial
- Tenant: KeHE
- Landlord: Cabot Properties
- Address: 3225 Meridian Pkwy, Weston
- Asking Rent: $8.75 PSF NNN
- Square Footage: 201,000
Tom O’Loughlin & Larry Genet from Cabot Properties represented the landlord in this transaction.
Players
Weston 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