SOLDWarehouse
Jeffrey Small Of MDH Partners Acquires Warehouse In Sunrise For $40.1 Million
710 International Parkway
$40,100,000
$303/SF
Building Size
132,180 SF
Asset Type
Warehouse
Closing
Jul 27, 2026
AI
MDH Partners acquired a 132,180-square-foot warehouse at 710 International Parkway in Sunrise, Florida, from LIT Industrial for $40.1 million. The industrial property encompasses 9.0 acres and has a price per square foot of approximately $303. It is leased to tenants including LabCorp and Johnstone Supply and is situated within Sawgrass International Corporate Park.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $40,100,000
- Address: 710 International Parkway
- Market: Sunrise, FL
- Asset Size: 132,180 SF
- Price per Square Foot: $303
- Seller: LIT Industrial
- Buyer: Jeffrey Small - MDH Partners
Jeffrey Small of MDH Partners represented the buyer in the transaction, facilitating the acquisition from LIT Industrial. The deal reflects the ongoing activity in the industrial real estate market within the region.
Players
Sunrise Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93