First Industrial Leases 198,108 SF Industrial Property In Medley For $16/ft
LEASED
$16
Florida
See Similar DealsIndustrial198,108 SF
Leased 03/17/2023
LEASED
First Industrial Leases 198,108 SF Industrial Property In Medley For $16/ft
8406 Northwest 90th Street
See Similar DealsIndustrial198,108 SF
Leased 03/17/2023
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$16
Total Square Footage:198,108 SF
Transaction Type:Lease
The industrial property located at 8406 Northwest 90th Street in Medley has been leased in a transaction. The property, which spans a total area of 198,108 square feet, was leased for a term of 10 years. The asking rent for the property was $16 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Lease Term: 10 Years
- Asking Rent: $16 per square foot
In this lease transaction, the landlord involved is First Industrial. Representing the tenant in this deal is Frank Trelles from State Street Realty.
Players
BROKERAGE
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,633,737.92
Total Lease Value
$36,337,379.24
Net Landlord Cash Flow$3,633,737.92
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