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7481 Riviera Boulevard

Seagis Property Group Leases 61,000 SF Industrial Space At 7481 Riviera Boulevard In Miramar
LEASEDIndustrial

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

Nick Wigoda

Stream Realty Partners⁠

Broker

$200.2M

vol

21 deals

Broker
Seagis Property Group
Seagis Property GroupLandlord

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