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8601 Northwest 72nd Street

Land Sea Air Cargo Leases Industrial Space At 8601 Northwest 72nd Street For One Year
LEASEDIndustrial

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

Ralph Garcia

The Keyes Company

Broker

$8M

vol

6 deals

Broker
The Keyes Company
The Keyes CompanyBrokerage

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