KCE Logistics Signs Modified Gross Lease At 4341 West 108th Street Hialeah For $20/ft
4341 West 108th Street
$20
$20/SF
Building Size
60,000 SF
Asset Type
Industrial
Closing
Nov 6, 2025
AI
The asset involved in this lease transaction is an industrial property located at 4341 West 108th Street in the Hialeah market. The property comprises a total square footage of 60,000 and is subject to a Modified Gross Lease with an asking rent of $20 per square foot.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $1,200,000
- Landlord: Terreno Realty
- Tenant: KCE Logistics
- Landlord's Representative: Raydel Enriquez - VSRE
- Tenant's Representative: Elias G. Patsalos, CCIM - Agora Real Estate Group
In this transaction, Raydel Enriquez of VSRE represents the landlord, Terreno Realty, while Elias G. Patsalos, CCIM from Agora Real Estate Group represents the tenant, KCE Logistics. This lease agreement highlights the collaboration between these representatives to facilitate the deal.
Players
Hialeah Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
793150.00%
Cash-on-Cash
-226684.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93