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.
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