Updated May 12, 2025
Seagis Property Group Leases Industrial Space To Universal Chilling Systems In Miami Lakes
5400 NW 161st St, Hialeah, FL, 33014
Building Size
11,200 SF
Asset Type
Industrial
Closing
Dec 5, 2018
About this deal
AI
The property asset involved in this transaction is a 11,200-square-foot industrial warehouse located at 5400 NW 161st St, Hialeah, FL, 33014, within the Miami Lakes market.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 5400 NW 161st St, Hialeah, FL, 33014
- Landlord: Seagis Property Group
- Tenant: Universal Chilling Systems
- Landlord's Representative: Michael "Mike" Waite - The Easton Group
Universal Chilling Systems has relocated from Hialeah to this new warehouse, providing cooling solutions for various industries, including chemical processing, pharmaceutical, food and beverage.
On the Map
Industrial
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Players
Miami Lakes 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