Top Value Distributors Leases 100000 SF Industrial Space From Lincoln Property Company In Miami
5400 Northwest 32nd Court
Building Size
100,000 SF
Asset Type
Industrial
Closing
Oct 31, 2025
AI
The industrial asset located at 5400 Northwest 32nd Court in Miami is a notable leased space, encompassing 100,000 square feet. The lease transaction was completed on 11/01/2025, with Lincoln Property Company as the landlord and Top Value Distributors as the tenant. The lease type is classified as a Modified Gross Lease with a term of three years.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: 3 years
- Lease Type: Modified Gross Lease
- Address: 5400 Northwest 32nd Court
- Market: Miami
- Landlord: Lincoln Property Company
- Tenant: Top Value Distributors
- Brokers: Rene Vivo, Brandon Careaga & Juliano Lopez - Vivo Real Estate Group
The transaction involved key players in the leasing process. The brokers representing the transaction, Rene Vivo, Brandon Careaga, and Juliano Lopez, are affiliated with Vivo Real Estate Group, facilitating the deal between the landlord and tenant.
Players
Miami 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