Triton Logistics Leases Industrial Space In Doral, Airport West Submarket
3400 Northwest 77th Court, Doral, FL, USA
Building Size
60,361 SF
Asset Type
Industrial
Closing
Aug 10, 2021
AI
The industrial property located at 3400 NW 77th Court in the Doral, Airport West Submarket has been leased. The property, spanning 60,361 square feet, was leased by Triton Logistics. The landlord for this transaction are Ricardo Morantes & Juan Carlos Tovar. The asking rent for the property was $5 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Leased
- Address: 3400 NW 77th Court
- Market: Doral, Airport West Submarket
Chabeli Castillo from Beachfront Realty represented Triton Logistics as their broker in this lease agreement.
Players
Miami 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