Updated Dec 21, 2023
Terreno Realty Corporation Sells Industrial Property In Miami Lakes For $22.2M
14100 NW 60th Ave, Miami Lakes, FL 33014, USA
$22,200,000
$115/SF
Building Size
192,000 SF
Asset Type
Industrial
Closing
Jul 25, 2020
About this deal
AI
The industrial property located at 14100 Northwest 60th Avenue in Miami Lakes has been sold in a closed transaction on July 26th, 2020. The property spans across 192,000 square feet and was sold for a price of $22,200,000, resulting in a price per square foot of $116.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $22,200,000
- Square Footage: 192,000
- Price per Square Foot: $116
- Address: 14100 Northwest 60th Avenue, Miami Lakes
- Market: Miami Lakes
The seller of the property is Terreno Realty Corporation, represented by Blake Baird.
Players
Miami Lakes Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93