LEASEDWarehouse
8578 NW 23rd St
8578 NW 23rd St, Doral, FL, 33126
Building Size
50,391 SF
Asset Type
Warehouse
Closing
Nov 19, 2023
AI
The property located at 8578 NW 23rd St, Doral, FL, 33126, in Miami, features a total of 50,391 square feet. The lease transaction involved VSE Aviation as the tenant and ProLogis as the landlord.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Landlord's Rep: Brian Cabielles, George Pino
- Tenant: VSE Aviation
- Landlord: ProLogis
- Square Feet: 50,391
The deal's key individuals include Brian Cabielles and George Pino, who represented the landlord, ProLogis, in the lease agreement with VSE Aviation.
Players
PrologisLandlord
Miami Warehouse Market Snapshot
Boundary boundary · Warehouse · Lease transactions
Loading comparables…
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