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145 Northeast 80th Terrace

Howard Roark Acquires Industrial Asset At 145 Northeast 80th Terrace From Diego Kleiman For $2.1M
SOLDIndustrial

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

Alfredo Riascos

Gridline Properties

Broker

$331.2M

vol

49 deals

Broker
Gridline Properties
Gridline PropertiesBrokerage

Howard Roark

Buyer

$44M

vol

10 deals

Buyer

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