Howard Roark Acquires Industrial Asset At 145 Northeast 80th Terrace From Diego Kleiman For $2.1M
145 Northeast 80th Terrace
$2,000,001
$114/SF
Building Size
17,513 SF
Asset Type
Industrial
Closing
Sep 1, 2025
AI
The property asset involved in the transaction is an industrial asset located at 145 Northeast 80th Terrace in the Miami market. The sale price was $2,100,000 for a total square footage of 17,513, resulting in a price per square foot of $120.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,100,000
- Address: 145 Northeast 80th Terrace
- Market: Miami
- Square Footage: 17,513
- Price Per Square Foot: $120
- Buyer: Howard Roark
- Seller: Diego Kleiman
- Buyer's Representative: Alfredo Riascos - Gridline Properties
- Seller's Representative: Pablo Rodriguez - Gridline Properties
The key individuals involved in the deal include Howard Roark as the buyer and Diego Kleiman as the seller. Both parties were represented by Alfredo Riascos and Pablo Rodriguez, who are associated with Gridline Properties, ensuring a professional handling of the transaction.
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93