Updated Dec 21, 2023
Chabeli Castillo Acquires Industrial Space In Hialeah For $1M
3880 W 104th St, Hialeah, Florida 33018, United States
Building Size
14,619 SF
Asset Type
Industrial
Closing
May 1, 2022
About this deal
AI
A 5-year lease valued at $1,000,000.00 has been closed for an industrial property located at 4220 W 104th St in Hialeah. The property spans across 14,619 square feet and is available for lease under an NNN lease agreement.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,000,000.00
- Asking Rent: $10.25/ft.
- Square Footage: 14,619
- Lease Type: NNN Lease
Christopher Sutton serves as the landlord for this lease transaction. Chabeli Castillo of Beachfront Realty represented the tenant in this deal.
Traded’s record for 3880 W 104th St, Hialeah, Florida 33018, United States in Hialeah, Florida covers a industrial lease from 2022. Published size for 3880 W 104th St, Hialeah, Florida 33018, United States is 14,619 square feet. Chabeli Castillo, Christopher Sutton, Beachfront Realty appear on the lease alongside Beachfront Realty. This page is the Hialeah, Florida file for the 3880 W 104th St, Hialeah, Florida 33018, United States industrial leased: pricing, party profiles, and other closed industrial comps from the same Hialeah sit in the Market section below. Filter that Hialeah industrial set by closing date to see what else leased near 3880 W 104th St, Hialeah, Florida 33018, United States around 2022. Cite this Chabeli Castillo Acquires Industrial Space In Hialeah For $1M lease when underwriting similar industrial product around Hialeah, Florida.
Players
Hialeah Industrial Market Snapshot
Boundary boundary · Industrial · 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