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6001 NW 74th Ave Miami, FL ...

Link Logistics & Flyers Energy Acquires Industrial Property In Miami For $23.5M
SOLDIndustrial

Link Logistics & Flyers Energy Acquires Industrial Property In Miami For $23.5M

6001 NW 74th Ave Miami, FL 33166, USA

$23,500,000

Building Size

Asset Type

Industrial

Closing

Jun 12, 2023

AI

The industrial property located at 6001 Northwest 74th Avenue in Miami has been sold. The property spans 8.36 acres and was purchased by Link Logistics & Flyers Energy for a total price of $23,500,000. The sale price translates to approximately $2,811,005 per acre.

Summary of transaction details:

Link Logistics and Flyers Energy were represented by the ComReal team consisting of Patrick McBride, Michaela Senior, Chris Spear, and Edison Vasquez. The ComReal Industrial Team was hired by Link Logistics to market the site for lease, demonstrating their confidence in the property's potential for future transactions.

For more information on the transaction or leasing availability, interested parties can contact Pat McBride with the ComReal Industrial Team at 305-619-2937 or pmcbride@comreal.com.

Players

Chris Spear

ComReal

Broker

$136.2M

vol

11 deals

Broker
Link Logistics Real Estate
Link Logistics Real EstateBrokerage
Link Logistics Real Estate
Link Logistics Real EstateBuyer

Stuart Davant

Seller

$39M

vol

2 deals

Seller

Miami 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

0.68%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93