Land Sea Air Cargo Leases Industrial Space At 8601 Northwest 72nd Street For One Year
8601 Northwest 72nd Street
$19
$19/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
Jan 31, 2026
AI
The property asset involved in this transaction is an industrial space located at 8601 Northwest 72nd Street in Medley. The asking rent for the lease is $19 per square foot for a total area of 10,000 square feet. This lease is structured as a True NNN lease with a term of 1 year.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19/ft
- Lease Term: 1 Year
- Lease Type: NNN Lease
- Tenant: Land Sea Air Cargo
- Tenant's Representative: Ralph Garcia - The Keyes Company
Ralph Garcia, representing Land Sea Air Cargo, facilitated this transaction, highlighting the prime industrial location and the strong fundamentals of the deal, ensuring a clean structure and effective execution.
Players
Miami Springs 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
834894.74%
Cash-on-Cash
-238615.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93