Updated Dec 4, 2024
Millwork Company Secures Long-Term Lease For 18364 Square Foot Industrial Space In Miami
7455 Northwest 32nd Avenue
Building Size
18,364 SF
Asset Type
Industrial
Closing
Sep 3, 2024
About this deal
AI
The asset involved in this transaction is an industrial warehouse located at 7455 Northwest 32nd Avenue in Miami. The facility encompasses 18,364 square feet, catering to industrial uses.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Lease Term: Long-term
- Brokers: Anthony Peragine & Joel A. Kattan
- Agency: SVN
- Tenant: Millwork company
Joel Kattan and Anthony Peragine from SVN represented the transaction, securing the long-term lease for the warehouse on behalf of the millwork company.
Traded’s record for 7455 Northwest 32nd Avenue in Miami, Florida covers a industrial lease from 2024. The building is 18,364 square feet, implying about 0 per square foot on the published price. Joel A. Kattan, Anthony Peragine, SVN appear on the lease alongside SVN. This page is the Miami, Florida file for the 7455 Northwest 32nd Avenue industrial leased: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else leased near 7455 Northwest 32nd Avenue around 2024. Cite this Millwork Company Secures Long-Term Lease For 18364 Square Foot Industrial Space In Miami lease when underwriting similar industrial product around Miami, Florida.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Miami industrial leases on Traded.
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