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7120 NW 74th Ave, Miami, FL...

Updated Oct 29, 2024

Univar USA Leases 44100 Square Feet At 7120 NW 74th Ave Miami From Terreno Realty Corporation
LEASEDOffice

Univar USA Leases 44100 Square Feet At 7120 NW 74th Ave Miami From Terreno Realty Corporation

7120 NW 74th Ave, Miami, FL, 33166

Building Size

44,100 SF

Asset Type

Office

Closing

Nov 5, 2018

About this deal

AI

The property involved in this transaction is located at 7120 NW 74th Ave, Miami, FL, 33166. It is a leased space with an area of 44,100 square feet situated in the Miami market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Univar USA
  • Landlord: Terreno Realty Corporation
  • Tenant's Representative: Devin White
  • Market: Miami

This lease transaction was facilitated by Devin White of CBRE, representing the tenant, Univar USA, in the agreement with Terreno Realty Corporation, the landlord of the property.

Players

Devin White

CBRE

Broker

$461.7M

vol

22 deals

Broker
Terreno Realty Corporation
Terreno Realty CorporationLandlord

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

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