Updated May 12, 2025
The Easton Group & LBA Logistics Acquire Industrial Property In Doral For $19.5M
9880 Northwest 25th Street, Doral, FL 33172, USA
$19,500,000
$185/SF
Building Size
105,365 SF
Asset Type
Industrial
Closing
Aug 27, 2021
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 9880 NW 25th Street in Doral. The sale was finalized on August 27, 2021, with a sale price of $19,500,000. This asset has a total square footage of 105,365, resulting in a price per square foot of $185.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $19,500,000
- Buyer: The Easton Group & LBA Logistics
- Seller: Badia Spices
- Buyer's Representative: Dalton Easton - Easton & Associates
- Seller's Representative: Hani Jardack - Jardack Commercial Realty
The transaction was executed with The Easton Group and LBA Logistics acting as the buyers, while Badia Spices served as the seller. Dalton Easton and Hani Jardack represented their respective clients in this deal, facilitating the successful transfer of the property between the involved parties.
On the Map
$19,500,000
$185/SF
Industrial
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Players
Doral 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
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93