TA Associates Leases 32,000 Medley Space To Hammerhead Group LLC DBA Decowraps For $19/ft
9332 Northwest 101st Street
$19
$19/SF
Building Size
32,000 SF
Asset Type
Industrial
Closing
May 22, 2025
AI
The 32,000 square foot industrial property at 9332 Northwest 101st Street in the Medley market is leased under a net lease (NNN) at $19 per square foot.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: NNN Lease
- Tenant: Hammerhead Group LLC DBA Decowraps
- Landlord: TA Associates
- Landlord's Rep: Sean Bernaldo - Americas Commercial Real Estate
- Date: 05/23/2025
TA Associates is the landlord and Hammerhead Group LLC DBA Decowraps is the tenant. Sean Bernaldo, representing TA Associates as the landlord's representative with Americas Commercial Real Estate, coordinated the lease negotiations.
Players
Medley 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