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
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