Steve Poulos & Gian Rodriguez Of Kurv Industrial Lease 409,000 Square Feet To Ryder System
4718 Northwest 135th Street
Building Size
409,000 SF
Asset Type
Industrial
Closing
Jul 14, 2026
AI
The property asset involved in this transaction is an industrial facility located at 4700-4718 Northwest 135th Street in Opa Locka, FL. The asset is comprised of 409,000 square feet and has been pre-leased to Ryder System, marking a significant deal in Miami-Dade County.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Pre-lease agreement
- Address: 4700-4718 Northwest 135th Street
- Market: Opa Locka, FL
- Landlord: Steve Poulos & Gian Rodriguez - Kurv Industrial
- Tenant: John J. Diez - Ryder System
The deal signifies Ryder System’s commitment to establishing a new distribution center within the developed Kurv Gratigny warehouse, which is situated near the Miami-Opa Locka Executive Airport. This transaction contributes to the ongoing normalization of the county's industrial market following an influx of speculative construction.
Players
Opa Locka 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93