Wheelock Street Capital & Mitchell Property Realty Acquires Industrial Property In Hialeah For $26.8M
SOLD
$26,800,000
Florida
See Similar DealsIndustrial234,146 SF
Sold 11/04/2019
SOLD
Wheelock Street Capital & Mitchell Property Realty Acquires Industrial Property In Hialeah For $26.8M
1000 Southeast 8th Street, Hialeah, FL, USA
See Similar DealsIndustrial234,146 SF
Sold 11/04/2019
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$114
Total Square Footage:234,146 SF
Transaction Type:Sale
The industrial property located at 1000 Southeast 8th Street in Hialeah has been sold for $26,800,000. The transaction took place on 11/04/2019 and involved Meuchadim of Florida LP as the seller and Wheelock Street Capital & Mitchell Property Realty as the buyer. The property spans 234,146 square feet, resulting in a price per square foot of $114.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $26,800,000
- Address: 1000 Southeast 8th Street, Hialeah
- Market: Hialeah
- Seller: Meuchadim of Florida LP
- Buyer: Wheelock Street Capital & Mitchell Property Realty
- Brokers: Andrew Gurewitsch, Harry Weisman - Windsor Realty Partners, Barry Katz - Global Connections Realty
- Square Footage: 234,146
- Price per Square Foot: $114
Andrew Gurewitsch and Harry Weisman from Windsor Realty Partners, along with Barry Katz from Global Connections Realty, served as the brokers in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,429,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$95,214.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$127,045.67
Annual Debt Service$1,524,548.07
Is there something missing? Send suggestions