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Alex Gonzalez Acquires Industrial Asset At 225 West 21st Street Hialeah For $2.25M

Property Image
SOLD
$2,250,000
Eduardo "Eddie" Toledo
Nicholas Hassan
+ 1

Florida

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Industrial10,536 SF
Sold 09/15/2025
the dealplayerscompscontact
Property Image
SOLD

Alex Gonzalez Acquires Industrial Asset At 225 West 21st Street Hialeah For $2.25M

225 West 21st Street

See Similar Deals
Industrial10,536 SF
Sold 09/15/2025
Eduardo "Eddie" Toledo
Nicholas Hassan
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$213
Total Square Footage:10,536 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial facility located at 225 West 21st Street in Hialeah. The sale was concluded on September 15, 2025, with a transaction amount of $2,250,000. The property encompasses a total square footage of 10,536 and achieved a price per square foot of $213.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,250,000
  • Address: 225 West 21st Street
  • Market: Hialeah
  • Square Footage: 10,536
  • Price Per Square Foot: $213
  • Buyer: Alex Gonzalez
  • Seller: Maria Jimenez
  • Brokers: Eddie Toledo, Jonathan De La Rosa & Nicholas Hassan - Marcus & Millichap

This transaction was facilitated by brokers Eddie Toledo, Jonathan De La Rosa, and Nicholas Hassan, representing Maria Jimenez as the seller. The buyer, Alex Gonzalez, engaged in the acquisition of the industrial asset through the broker team noted above, highlighting their role in executing the deal effectively.

Players

Jonathan De La Rosa
140 deals$624.6M volume(786) 522-7027
BROKER

Eduardo "Eddie" Toledo
Marcus & Millichap
70 deals$346.7M volume(786) 522-7047
BROKER

Nicholas Hassan
Marcus & Millichap
8 deals$25.2M volume(786) 522-7078
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Eddie Toledo, Jonathan De La Rosa & Nicholas Hassan DATE: 09/15/2025 ADDRESS: 225 West 21st Street MARKET: Hialeah ASSET TYPE: Industrial BUYER: Alex Gonzalez SELLER: Maria Jimenez BROKERS: Eddie Toledo (@EdToledo), Jonathan De La Rosa (@J_DLR_) & Nicholas Hassan (@Nick_Hassan_) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,250,000 SF: 10,536 ~ PPSF: $213

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$120,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77