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14705 NW 25th Ct Opa-locka,...

KODA Acquires Industrial Property In Opa Locka For $8M
SOLDIndustrial

KODA Acquires Industrial Property In Opa Locka For $8M

14705 NW 25th Ct Opa-locka, FL 33054, USA

$8,000,000

$163/SF

Building Size

48,846 SF

Asset Type

Industrial

Closing

Sep 11, 2023

AI

The industrial property located at 14705 Northwest 25th Court in Opa Locka has been sold in a transaction. The property spans a total area of 48,846 square feet and was purchased for a total price of $8,000,000, resulting in a price per square foot of $164.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,000,000
  • Square Footage: 48,846
  • Address: 14705 Northwest 25th Court
  • Market: Opa Locka

The buyer in this transaction is KODA, while the seller is Nico Cohen. The deal was facilitated by the CBRE team, consisting of brokers Noah Ohayon, Larry Genet, Tom O'Loughlin, and Zack Krawiec.

Players

Larry Genet

CBRE

Broker

$436M

vol

57 deals

Broker

Market 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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93