Custom Veterinary Services Leases Industrial Space In Hialeah For $7.95/ft
Beacon Logistics Park, West 91st Terrace, Hialeah, FL, USA
Building Size
147,768 SF
Asset Type
Industrial
Closing
Aug 25, 2021
AI
An industrial property located at 4120 West 91st Place in Hialeah has been leased. The lease transaction took place on 08/25/2021.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $7.95/ft.
- Square Footage: 147,768
- Address: 4120 West 91st Place, Hialeah
The tenant, Custom Veterinary Services, was represented by Gus Fonte from AJF Properties. The landlord, Codina Partners and USAA Real Estate, was represented by Jose Juncadella and Sebastian Juncadella from Fairchild Partners.
Players
Hialeah 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