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Palmetto Logistics Leases Industrial Space In Medley At 8130 Northwest 74th Avenue For 10 Years

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LEASED
$16

Florida

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Industrial184,000 SF
Leased 08/08/2025
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LEASED

Palmetto Logistics Leases Industrial Space In Medley At 8130 Northwest 74th Avenue For 10 Years

8130 Northwest 74th Avenue

See Similar Deals
Industrial184,000 SF
Leased 08/08/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$16
Total Square Footage:184,000 SF
Transaction Type:Lease

The property asset involved in the transaction is an industrial space located at 8130 Northwest 74th Avenue in Medley, with a total square footage of 184,000. The asking rent for this property was set at $17 per square foot on a triple net (NNN) basis. The lease term negotiated for this asset is 10 years, under a NNN lease structure. The landlord in this transaction is Palmetto Logistics.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $17/ft. NNN
  • Address: 8130 Northwest 74th Avenue
  • Market: Medley
  • Asset Size: 184,000 SF
  • Lease Term: 10 years
  • Lease Type: NNN Lease
  • Landlord: Palmetto Logistics
  • Brokers: Alexander Bernaldo & Michael Silva - Americas Commercial Real Estate

Key individuals involved in the deal include brokers Alexander Bernaldo and Michael Silva, representing the interests of the landlord, Palmetto Logistics. They are affiliated with Americas Commercial Real Estate, facilitating the leasing process and ensuring the terms aligned with the landlord's requirements.

Players

8 deals$115.6M volume
BROKER

Michael Silva
2 deals$70.4M volume
BROKER

Details

LEASED
IMAGE: Michael Silva & Alexander Bernaldo DATE: 08/08/2025 ADDRESS: 8130 Northwest 74th Avenue MARKET: Medley ASSET TYPE: Industrial LANDLORD: Palmetto Logistics BROKERS: Alexander Bernaldo (@Alex_Americascre) & Michael Silva (@Mike_Smericascre) - Americas Commercial Real Estate (@Americas_CRE) ASKING RENT: $17/ft. NNN ~ SF: 184,000 LEASE TERM: 10 years LEASE TYPE: NNN Lease Estate

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Deal Type
Effective Rent (Annual)

$3,469,886.99

Total Lease Value

$34,698,869.90

Net Landlord Cash Flow$3,469,886.99