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
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