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12457 Northwest 44th Street

Jaime Conesa Purchases Industrial Property In Coral Springs For $1.8M With Kirk Nelson And Mark Faeth As Representatives
SOLDIndustrial

Jaime Conesa Purchases Industrial Property In Coral Springs For $1.8M With Kirk Nelson And Mark Faeth As Representatives

12457 Northwest 44th Street

$1,800,000

$405/SF

Building Size

4,443 SF

Asset Type

Industrial

Closing

Mar 1, 2026

AI

This industrial asset located at 12457 Northwest 44th Street in Coral Springs was recently sold for $1,800,000. The property encompasses a total area of 4,443 square feet, translating to a price per square foot of $405.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,800,000
  • Address: 12457 Northwest 44th Street
  • Market: Coral Springs
  • Buyer: Jaime Conesa
  • Seller: William Siebold
  • Buyer's Representative: Kirk Nelson - CBRE
  • Seller's Representative: Mark Faeth - LRM CREA

The transaction featured a notable collaboration between the representatives, with Kirk Nelson from CBRE acting on behalf of the buyer, while Mark Faeth from LRM CREA represented the seller in this deal.

Players

Kirk Nelson

CBRE

Broker

$142.7M

vol

15 deals

Broker

Coral Springs 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93