Tyler James Acquires Industrial Property At 225 West 21st Street For $2.8M With Brokers Carlos Fausto Miranda & Markos Bertolotti
SOLD
$2,800,000
Florida
See Similar DealsIndustrial10,492 SF
Sold 02/01/2026
SOLD
Tyler James Acquires Industrial Property At 225 West 21st Street For $2.8M With Brokers Carlos Fausto Miranda & Markos Bertolotti
225 West 21st Street
See Similar DealsIndustrial10,492 SF
Sold 02/01/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$266
Total Square Footage:10,492 SF
Transaction Type:Sale
The property asset involved in the transaction is an industrial asset located at 225 West 21st Street in the Hialeah market. The sale price of the property was $2,800,000, with a total square footage of 10,492, resulting in a price per square foot of $266.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,800,000
- Address: 225 West 21st Street
- Market: Hialeah
- Square Footage: 10,492
- Price Per Square Foot: $266
- Buyer: Tyler James
- Seller: Robert Mes
- Brokers: Carlos Fausto Miranda & Markos Bertolotti - Fausto Commercial Realty Consultants
In this transaction, Tyler James acquired the industrial property from Robert Mes, with Carlos Fausto Miranda and Markos Bertolotti representing the seller through their brokerage, Fausto Commercial Realty Consultants. This transaction reflects the involvement of notable brokers in the industrial market of Hialeah.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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