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8578 NW 23rd St, Doral, FL,...

Updated Nov 28, 2024

8578 NW 23rd St
LEASEDWarehouse

8578 NW 23rd St

8578 NW 23rd St, Doral, FL, 33126

Building Size

50,391 SF

Asset Type

Warehouse

Closing

Nov 19, 2023

About this deal

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.

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Players

Brian Cabielles

Broker

$9.6M

vol

9 deals

Broker
Prologis
PrologisLandlord
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Miami Warehouse Market Snapshot

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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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