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

Property Image
SOLD
$1,080,000
Jonathan De La Rosa
Michael Alaoui
Eduardo "Eddie" Toledo

Florida

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Industrial135,340 SF
Sold 09/01/2020
the dealplayerscompscontact
Property Image
SOLD

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

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

See Similar Deals
Industrial135,340 SF
Sold 09/01/2020
Jonathan De La Rosa
Michael Alaoui
Eduardo "Eddie" Toledo
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$8
Total Square Footage:135,340 SF
Transaction Type:Sale

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
Michael Alaoui
6 deals$45.6M volume(786) 443-6161
BROKER
Jonathan De La Rosa
Marcus & Millichap
Jonathan De La Rosa
141 deals$628.7M volume(786) 522-7027
BROKER
Eduardo "Eddie" Toledo
Marcus & Millichap
Eduardo Toledo
70 deals$346.7M volume(786) 522-7047
BROKER

Details

SOLD
IMAGE: Eddie Toledo, Jonathan De La Rosa, & Michael Alaoui⁠ DATE: 09/01/2020⁠ ADDRESS: 100 East 10th Court⁠ MARKET: East Hialeah⁠ ASSET TYPE: Industrial⁠ PRICE: $1,080,000⁠ SF: 13,534⁠ PPSF: $79.79⁠ BROKERS: Eddie Toledo, Jonathan De La Rosa, & Michael Alaoui – Marcus & Millichap⁠

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$57,600.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01