Seagis Property Group Leases 61,000 SF Industrial Space At 7481 Riviera Boulevard In Miramar
7481 Riviera Boulevard
$17
$17/SF
Building Size
61,000 SF
Asset Type
Industrial
Closing
Apr 8, 2026
AI
The property involved in this lease transaction is an industrial asset located at 7481 Riviera Boulevard in Miramar. The asking rent for the space is set at $23 per square foot, encompassing a total square footage of 61,000. This lease falls under the category of "Other."
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $23/ft
- Size: 61,000 SF
- Address: 7481 Riviera Boulevard
- Market: Miramar
- Landlord: Seagis Property Group
- Landlord's Representative: Steve Medwin & Nick Wigoda - Stream Realty Partners
In this transaction, the representation of the landlord was handled by brokers Steve Medwin and Nick Wigoda from Stream Realty Partners, highlighting the collaborative effort involved in the leasing process of the property.
Players
Hollywood 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
933117.65%
Cash-on-Cash
-266687.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93