Updated Oct 29, 2024
Del Valle Brands Leases Industrial Building In Medley, Miami From Seagis Property Group
8150 NW 76th Ave, Miami, FL, 33166
Building Size
125,926 SF
Asset Type
Industrial
Closing
Mar 25, 2020
About this deal
AI
The property involved in the transaction is an industrial building located at 8150 NW 76th Ave in Miami, FL, 33166. The building, owned by Seagis Property Group, spans 125,976 square feet and is situated in the Medley market of Miami.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Landlord: Seagis Property Group
- Tenant: Del Valle Brands
- Landlord's Rep: Walter Byrd (Transwestern)
- Tenant's Rep: Lee Katsikos (The Katsikos Group)
The deal was facilitated by Transwestern Real Estate Services, with Managing Director Thomas Kresse, Executive Managing Directors Walter Byrd and Ben Eisenberg, and Vice President Carlos Gaviria representing the landlord, Seagis Property Group. The tenant, Del Valle Brands, was represented by Lee Katsikos of The Katsikos Group during the lease transaction.
On the Map
Industrial
View full map
Players
Medley Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Medley 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