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5400 Northwest 32nd Court

Top Value Distributors Leases 100000 SF Industrial Space From Lincoln Property Company In Miami
LEASEDIndustrial

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

Brandon Careaga

Vivo Real Estate Group

Broker

4 deals

Broker
Lincoln Property Company
Lincoln Property CompanyLandlord

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