Titan Aviation Signs NNN Lease For 83,635 SF Industrial Space At 7 Northwest 7th Avenue
LEASED
$6
Florida
See Similar DealsIndustrial83,635 SF
Leased 08/06/2024
LEASED
Titan Aviation Signs NNN Lease For 83,635 SF Industrial Space At 7 Northwest 7th Avenue
7 Northwest 7th Avenue
See Similar DealsIndustrial83,635 SF
Leased 08/06/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$6
Total Square Footage:83,635 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial space located at 7 Northwest 7th Avenue in Dania Beach. The total square footage of the property is 83,635 and it is leased under a NNN Lease agreement with an asking rent of $6 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6/ft
- Lease Type: NNN Lease
- Landlord: Port Capital - Subsidiary of Triarch Capital Group
- Tenant: Titan Aviation
- Broker Representatives: Noah Ohayon, Elad Barokas & Eli Sasson Bril - AXIOM Capital Advisors
This deal involved key industry players, with Port Capital as the landlord and Titan Aviation as the tenant. The brokers representing the transaction are Noah Ohayon, Elad Barokas, and Eli Sasson Bril from AXIOM Capital Advisors, highlighting the brokerage's role in facilitating this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$575,268.93
Total Lease Value
$5,752,689.28
Net Landlord Cash Flow$575,268.93
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