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1617 NW 84th Ave, Doral, FL...

LAX Floral Import Leases 30000 Square Feet From ProLogis With Frank Trelles And George Pino As Reps
LEASEDOffice

LAX Floral Import Leases 30000 Square Feet From ProLogis With Frank Trelles And George Pino As Reps

1617 NW 84th Ave, Doral, FL, 33126

Building Size

30,000 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this lease transaction is located at 1617 NW 84th Ave, Doral, FL, 33126. It has a total area of 30,000 square feet within the Doral market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: LAX Floral Import
  • Landlord: ProLogis
  • Tenant's Representative: Frank Trelles, State Street Realty
  • Landlord's Representative: George Pino

This lease transaction features key individuals and companies such as LAX Floral Import as the tenant and ProLogis as the landlord. Frank Trelles from State Street Realty represents the tenant while George Pino represents the landlord in this transaction.

Players

Frank Trelles

Vivo Real Estate Group

Broker

$104.8M

vol

39 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

Doral 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