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3925 East 10th Court

Horizon Equities Leases 40,858 SF Industrial Space To Design Space In Hialeah For $11/ft
LEASEDIndustrial

Horizon Equities Leases 40,858 SF Industrial Space To Design Space In Hialeah For $11/ft

3925 East 10th Court

$10

$10/SF

Building Size

40,858 SF

Asset Type

Industrial

Closing

May 31, 2026

AI

3925 East 10th Court is an industrial property located in Hialeah, consisting of 40,858 square feet. The property has been leased at a rate of $11 per square foot under a 5-year NNN lease agreement.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $11/ft
  • Lease Term: 5 Years
  • Landlord: Horizon Equities
  • Tenant: Design Space
  • Landlord's Representative: Jose Montero - The Hype Real Estate Group

The deal was facilitated by Jose Montero of The Hype Real Estate Group, who emphasized the successful leasing of this infill industrial space despite challenges in the leasing environment and significant vacancy rates in the market. The leasing team focuses on sourcing, marketing, and transacting industrial opportunities throughout South Florida.

Players

Jose Montero

The Hype Real Estate Group

Broker

$81.3M

vol

12 deals

Broker
HE
Horizon EquitiesLandlord

Hialeah Industrial Market Snapshot

Boundary boundary Ā· Industrial Ā· Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1586300.00%

Cash-on-Cash

-453369.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93