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10701 NW 140th St, Miami La...

Ice River Springs Leases 84369 Square Feet At 10701 NW 140th St In Miami Lakes
LEASEDOffice

Ice River Springs Leases 84369 Square Feet At 10701 NW 140th St In Miami Lakes

10701 NW 140th St, Miami Lakes, FL 33018, USA

Building Size

84,369 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property at 10701 NW 140th St, Miami Lakes, FL is leased, encompassing a total area of 84,369 square feet. This location is situated within the Hialeah Gardens market. The transaction involves the landlord FCA and the tenant Ice River Springs.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 10701 NW 140th St, Miami Lakes, FL
  • Market: Hialeah Gardens
  • Landlord: FCA
  • Tenant: Ice River Springs
  • Square Feet: 84,369
  • Landlord's Representative: Gian Rodriguez-Cushman & Wakefield

In this transaction, Gian Rodriguez from Cushman & Wakefield represents the landlord FCA, facilitating the deal for the tenant Ice River Springs.

Players

Gian Rodriguez

Cushman & Wakefield

Broker

$24.8M

vol

7 deals

Broker
Newmark
NewmarkBrokerage
FCA
FCALandlord

Hialeah Gardens Office Market Snapshot

Boundary boundary · Office · 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