Nick Westfall Of VITAS Healthcare Leases Office Space At 3140 Executive Way In Miramar
3140 Executive Way & 3046 Corporate Way
Building Size
201,104 SF
Asset Type
Office
Closing
Mar 25, 2025
AI
The property asset involved in this transaction is an office space located at 3140 Executive Way within the Miramar market. The total square footage of the leased area is 100,552.0 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 3140 Executive Way
- Market: Miramar
- Tenant: Nick Westfall - VITAS Healthcare
- Landlord: Andrew Ansin & Ryan Goggins - Sunbeam Properties & Development
The lease agreement was finalized on March 25, 2025. Nick Westfall represents VITAS Healthcare, while Andrew Ansin and Ryan Goggins represent Sunbeam Properties & Development in this transaction.
Players
Miramar 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