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12345 Northwest 38th Avenue

Updated Oct 19, 2026

12345 Northwest 38th Avenue
FINANCEDIndustrial

12345 Northwest 38th Avenue

12345 Northwest 38th Avenue

$27,813,000

Building Size

—

Asset Type

Industrial

Closing

Oct 13, 2026

About this deal

AI

The property involved in this transaction is an industrial asset located at 12345 Northwest 38th Avenue in the Opa Locka market. The loan for the acquisition of this property was issued for an amount of $27,813,000.

Summary of transaction details:

The deal was facilitated by Jason Eisenberg and Albert Kim, who represent Banner Property Group as borrowers. The brokers involved in this transaction are Melissa Rose, Michael DiCosimo, and Magnus Kron from JLL, contributing their expertise to secure the loan for the acquisition.

On the Map

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$27,813,000

Industrial

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Players

Michael DiCosimo

JLL

Broker

$2.1B

vol

44 deals

Broker

Jason Eisenberg

Banner Property Group

Buyer

$27.8M

vol

1 deal

Buyer
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Opa Locka Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.57%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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