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6745 NW 36th St Miami, FL 3...

OnBoard Logistics USA Expands Lease To 27,000 SF In Miami Springs
LEASEDIndustrial

OnBoard Logistics USA Expands Lease To 27,000 SF In Miami Springs

6745 NW 36th St Miami, FL 33166, USA

$18

$18/SF

Building Size

27,000 SF

Asset Type

Industrial

Closing

Aug 14, 2023

AI

Raul Estrada, Carlos Velasquez & Raydel Enriquez from Vivo Real Estate represented the landlord, SFLC Industrial, in the lease transaction involving an industrial property located at 6745 Northwest 36th Street in Miami. The tenant, OnBoard Logistics USA, was represented by Jeff Hartsook & Adam Talbot from Cresa Miami. The lease agreement covers nearly 27,000 square feet of space in Miami Springs, close to Miami International Airport.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 6745 Northwest 36th Street, Miami
  • Market: Miami
  • Asking Rent: $18.50/ft.
  • Square Footage: 27,000

This lease agreement enhances OnBoard Logistics USA's access to the growing cargo facilities at Miami International Airport. The airport is preparing to double its capacity to 5.5 million metric tons, making it an increasingly important hub for logistics and transportation.

Players

Raydel Enriquez

VS Real Estate (VSRE)

Broker

$7.3M

vol

8 deals

Broker

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

881277.78%

Cash-on-Cash

-251871.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93