Sixto H. Distributors Inc. Leases Industrial Space At 13200 Northwest 38th Court In Opa Locka

The property asset involved in the transaction is an industrial space located at 13200 Northwest 38th Court in Opa Locka, Miami-Dade. The asset spans a total square footage of 24,776 and was leased at an asking rent of $16 per square foot. The lease agreement is set for a term of 5 years under a Single Tenant Net Lease structure.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16/ft
• Lease Term: 5 Year NNN Lease
• Tenant: Sixto H. Distributors, Inc.
• Brokers: Raul Pino & Pablo Vignolo - The Hype Real Estate Group

This transaction marks one of the highest recorded lease transactions in the Opa Locka submarket of Miami-Dade and was achieved within two weeks of listing the property. The brokers, Raul Pino and Pablo Vignolo, represented both the Landlord and the Tenant in this transaction, demonstrating a keen ability to meet client needs and facilitate agreements effectively.