Eagle Brands Leases Industrial Space At 7000 NW 33rd Ter, Miami International Airport
7000 Northwest 33rd Terrace, Miami, Florida 33122, United States
Building Size
127,000 SF
Asset Type
Industrial
Closing
Mar 1, 2022
AI
A lease transaction has taken place in Miami International Airport. The industrial property located at 7000 NW 33rd Ter has been leased. The property spans an area of 127,000 square feet. The lease was finalized on 03/02/2022.
Summary of transaction details
- Property Type: Industrial
- Tenant: Eagle Brands
- Landlord: Paul Dean
- Broker: Frank Trelles & Jason Gonzalez - State Street Realty
- Asking Rent: $11.95/ft.
The tenant, Eagle Brands, has secured the lease agreement with the landlord, Paul Dean. The deal was facilitated by Frank Trelles and Jason Gonzalez from State Street Realty.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93