Updated Nov 24, 2025
Wells Fargo Provides $26.3M Loan For Development Site In Hialeah Gardens
14501 NW 109th Terrace, Hialeah Gardens, FL 33018, USA
$26,300,000
$8/SF
Building Size
3,122,510 SF
Asset Type
Development Site
Closing
Jun 21, 2020
About this deal
AI
A development site located at 14501 N.W. 109th Avenue in Hialeah Gardens, Miami has recently been involved in a transaction. The property has a building size of 312,251 square feet and is categorized as a development site.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $26,300,000
- Lender: Wells Fargo
- Landlord: Foundry Commercial – Paul Ellis
Wells Fargo provided a loan amount of $26,300,000 for the development site transaction. Foundry Commercial, represented by Paul Ellis, acts as the landlord in this deal.
On the Map
$26,300,000
$8/SF
Development Site
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Players
Hialeah Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93