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13951 NW 109th Ave

Enrique Jordan Of Central Commercial Real Estate Represents Buyer In $9.6M Hialeah Gardens Industrial Sale
SOLDIndustrial

Enrique Jordan Of Central Commercial Real Estate Represents Buyer In $9.6M Hialeah Gardens Industrial Sale

13951 NW 109th Ave

$9,600,000

$52/SF

Building Size

184,041 SF

Asset Type

Industrial

Closing

May 24, 2024

AI

The industrial property located at 13951 NW 109th Avenue in Hialeah Gardens was sold for $9,600,000. Spanning 184,041 square feet, the property was acquired off-market at a price of $52 per square foot.

Summary of transaction details:

Enrique Jordan, from Central Commercial Real Estate, acted as the buyer's representative in the transaction. For opportunities in the South Florida Market, interested parties can reach out to Mr. Jordan at 305-458-3180 or [email protected].

Players

Enrique Jordan

Central Commercial Real Estate

Broker

$38.7M

vol

4 deals

Broker

Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.65%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93