Manuel Garcia Acquires Industrial Property At 14141 Southwest 142nd Avenue For $3.4M
14141 Southwest 142nd Avenue
$3,400,000
$373/SF
Building Size
9,100 SF
Asset Type
Industrial
Closing
Apr 20, 2026
AI
The property involved in the transaction is an industrial asset located at 14141 Southwest 142nd Avenue in Miami. The asset has a sale price of $3,400,000 and spans 9,100 square feet, resulting in a price per square foot of $373.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,400,000
- Buyer: Manuel Garcia
- Seller: Luis Mazza
- Broker: Alexis Castillo - Castle Capital Realty
The individuals involved in the transaction include Manuel Garcia as the buyer and Luis Mazza as the seller, with Alexis Castillo representing the transaction through Castle Capital Realty.
Players
Miami 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93