Mayra Parente Buys Industrial Property From Ami Peleg For $11M
14565 Northwest 26th Avenue
$11,000,000
$137/SF
Building Size
80,000 SF
Asset Type
Industrial
Closing
Mar 15, 2024
AI
The industrial property located at 14565 Northwest 26th Avenue in Opa Locka has been sold in a transaction involving a total sale price of $11,000,000. The asset spans a total area of 80,000 square feet, resulting in a price per square foot of $138. The sale was completed on 03/15/2024 with Mayra Parente of Medina Properties LLC acquiring the property from Ami Peleg. The deal was facilitated by brokers Noah Ohayon and Larry Genet of CBRE.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,000,000
- Buyer: Mayra Parente
- Seller: Ami Peleg
- Brokers: Noah Ohayon & Larry Genet - CBRE
- SF: 80,000
- PPSF: $138
Noah Ohayon and Larry Genet from CBRE represented the parties in this transaction, ensuring a successful sale of the industrial property in Opa Locka. The involvement of Medina Properties LLC, headed by Mayra Parente, adds an element of growth and opportunity in the business landscape of the area, showcasing a strategic move in the industrial real estate market.
Players
Opa Locka 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93