Updated Dec 21, 2023
Your Commercial Realty Group Sells Industrial Property In Medley, Hialeah For $17.25M
15701 Northwest 127th Avenue, Hialeah, Florida 33018, United States
$17,250,000
$20/SF
Building Size
861,616 SF
Asset Type
Industrial
Closing
Nov 10, 2022
About this deal
AI
The industrial property located at 15701 NW 127 Ave in Medley, Hialeah, FL was recently sold in a closed transaction for a total price of $17,250,000. This property spans a total of 861,616 square feet, resulting in a price per square foot of $20.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $17,250,000
- Address: 15701 NW 127 Ave
- Market: Medley, Hialeah, FL
- Broker: Nelson Varona - Your Commercial Realty Group
Nelson Varona from Your Commercial Realty Group represented the parties involved in the transaction. The sale of this industrial property highlights the active real estate market in the Medley and Hialeah area.
Players
Hialeah 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
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93