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20841 Johnson Street

Ivan Reyes Acquires Industrial Property From Jose Luya In Pembroke Pines For $1.4M
SOLDIndustrial

Ivan Reyes Acquires Industrial Property From Jose Luya In Pembroke Pines For $1.4M

20841 Johnson Street

$1,400,000

$311/SF

Building Size

4,500 SF

Asset Type

Industrial

Closing

Jun 21, 2026

AI

The sale involves an industrial property located at 20841 Johnson Street in Pembroke Pines, with a total square footage of 4,500. The transaction price reached $1,400,000, translating to a price per square foot of $311.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,400,000
  • Address: 20841 Johnson Street
  • Market: Pembroke Pines
  • Buyer: Ivan Reyes
  • Seller: Jose Luya
  • Broker: Elkin Sanchez - LPT Realty
  • Buyer's Attorney: Giovanni Nicosia - Supreme Title and Escrow
  • Square Footage: 4,500
  • Price Per Square Foot: $311

Elkin Sanchez represented the transaction as the broker, while Giovanni Nicosia served as the attorney for the buyer, Ivan Reyes, facilitating the legal aspects of the sale process. The involvement of these professionals underscores the collaborative effort behind the transaction in the industrial real estate market in South Florida.

Players

Elkin Sanchez

LPT Realty

Broker
Broker

Market 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93