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215 Northwest 24th Street

Play2Pay Leases Industrial Space At 215 NW 24th Street In Miami With Tenant's Rep Stephen Rutchik & Tyler De La Peña
LEASED

Play2Pay Leases Industrial Space At 215 NW 24th Street In Miami With Tenant's Rep Stephen Rutchik & Tyler De La Peña

Building Size

Asset Type

Closing

Mar 20, 2022

AI

No summary available.

Players

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

152 deals

Broker

Market CRE Market Snapshot

Boundary boundary · CRE · 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