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3470 Northwest 82nd Avenue,...

AvMed Signs 10-Year Office Lease In Doral With Gateway Renellie And JLL
LEASEDOffice

AvMed Signs 10-Year Office Lease In Doral With Gateway Renellie And JLL

3470 Northwest 82nd Avenue, Miami, FL 33122, USA

Building Size

57,000 SF

Asset Type

Office

Closing

Nov 10, 2021

AI

An office space located at 3470 NW 82nd Avenue in Doral has been leased in a recent transaction. The property, with a total area of 57,000 square feet, was leased for a 10-year term. The lease was signed on November 10, 2021, with an asking rent of $39.48 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 3470 NW 82nd Avenue, Doral
  • Market: Doral

The landlord for this lease is Gateway Renellie. The tenant, AvMed, was represented by Mathew Goodman, Jeff Gordon, and Will Morrison from JLL. On the landlord's side, the representation was handled by Steven Hurwitz and Doug Okun, also from JLL.

Players

Jeffrey Gordon

CBRE

Broker

8 deals

Broker
G
GatewayLandlord

Miami 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