facebook
Traded Co logo
Submit

East Coast Properties & Commercial Real Estate Acquires Industrial Asset In Hialeah Gardens

Property Image
SOLD
$9,600,000
Miguelangel Salazar-Pesce
Azael Reyes
Enrique Jordan
+ 3

Florida

See Similar Deals
Industrial184,041 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

East Coast Properties & Commercial Real Estate Acquires Industrial Asset In Hialeah Gardens

13951 NW 109th Ave

See Similar Deals
Industrial184,041 SF
Sold
Miguelangel Salazar-Pesce
Azael Reyes
Enrique Jordan
+ 3
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$52
Total Square Footage:184041 SF
Transaction Type:Sale

The industrial property located at 13951 Northwest 109th Avenue in Hialeah Gardens was involved in a recent sale transaction. The property spans 184,041 square feet and was sold for $9,600,000, equating to a price per square foot of $52.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,600,000
  • Address: 13951 Northwest 109th Avenue
  • Market: Hialeah Gardens

The transaction's key individuals included Miguelangel Salazar-Pesce and Azael Reyes from East Coast Properties & Commercial Real Estate, Enrique Jordan from Central Commercial Real Estate, as well as Gabriel Garcia Menocal, David Oxios, and Lucia Custer from NAI Capital.

Players

Gabriel Garcia Menocal
NAI Global
Gabriel Garcia Menocal
5 deals$54.8M volume
BROKER
Enrique Jordan
Central Commercial Real Estate
Enrique Jordan
4 deals$38.7M volume
BROKER
Miguelangel Salazar-Pesce
East Coast Properties & Commercial Real Estate
Miguelangel Salazar-Pesce
11 deals$76.1M volume(786) 942-2177
BROKER
Azael Reyes
East Coast Properties & Commercial Real Estate
Azael Reyes
11 deals$76.1M volume
BROKER
Lucia Custer
NAI Global
Lucia Custer
3 deals$46.4M volume(305) 975-8131
BROKER
David Oxios
NAI Global
David Oxios
3 deals$40.6M volume(305) 775-2224
BROKER

Details

SOLD
IMAGE: Gabriel Garcia Menocal, Enrique Jordan, Miguelangel Salazar-Pesce, David Oxios, Azael Reyes & Lucia Custer DATE: 05/24/2024 ADDRESS: 13951 Northwest 109th Avenue MARKET: Hialeah Gardens ASSET TYPE: Industrial BUYER'S REP: Miguelangel Salazar-Pesce & Azael Reyes - East Coast Properties & Commercial Real Estate; Enrique Jordan - Central Commercial Real Estate SELLER'S REP: Gabriel Garcia Menocal, David Oxios (@DadeRealEstate) & Lucia Custer - NAI Capital (@NAICapital) SALE PRICE: $9,600,000 SF: 184,041 ~ PPSF: $52

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

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

$511,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$34,106.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,508.90
Annual Debt Service$546,106.77