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.