Updated Dec 4, 2024
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: $9,600,000
- Buyer's Representative: Enrique Jordan - Central Commercial Real Estate
- Market: Hialeah Gardens
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].
On the Map
$9,600,000
$52/SF
Industrial
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Hialeah 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
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93