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

Updated Dec 20, 2023

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

About this deal

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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Deal FAQ

About $8 per square foot on a published $1.1M for 135,340 square feet (2020).

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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

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