Updated Nov 3, 2025
NorthMarq Secures $3.8 Million Refinance For 66,547 Sq Ft Industrial Property In Medley
9730 Northwest 114th Way
$3,800,000
$57/SF
Building Size
66,547 SF
Asset Type
Industrial
Closing
Oct 30, 2025
About this deal
AI
The property involved in this transaction is an industrial asset located at 9730 Northwest 114th Way in Medley, Florida. It encompasses a total area of 66,547 square feet and has a loan amount of $3,800,000 for refinancing purposes.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Loan Type: Refinance
- Loan Terms: 10-year term with full-term, interest-only
- Broker: Jeff Robertson - NorthMarq
- Market: Medley
NorthMarq’s Fort Lauderdale team was responsible for securing the refinancing through a life company lender, signifying a strong and ongoing partnership between the borrower and lender that has been established over the past decade.
On the Map
$3,800,000
$57/SF
Industrial
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Players
Medley Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93