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100 E 10th Ct, Hialeah, FL ...

Marcus & Millichap Facilitates $1.08M Sale Of Industrial Property In East Hialeah
SOLDIndustrial

Marcus & Millichap Facilitates $1.08M Sale Of Industrial Property In East Hialeah

100 E 10th Ct, Hialeah, FL 33010, USA

$1,080,000

$8/SF

Building Size

135,340 SF

Asset Type

Industrial

Closing

Aug 31, 2020

AI

The industrial property located at 100 East 10th Court in East Hialeah has been sold for $1,080,000. The property spans across 13,534 square feet and was sold at a price of $79.79 per square foot. The transaction took place on September 1, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,080,000
  • Square Footage: 13,534
  • Price per Square Foot: $79.79
  • Address: 100 East 10th Court
  • Market: East Hialeah

The sale of this industrial property was facilitated by Eddie Toledo, Jonathan De La Rosa, and Michael Alaoui, representing Marcus & Millichap.

Players

Michael Alaoui

Marcus & Millichap

Broker

$45.6M

vol

6 deals

Broker

Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.69%

Cash-on-Cash

-4.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93