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
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