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2358 NW 151st St, Miami, FL...

Updated Dec 21, 2023

ComReal Represents Sale Of 32,700 SF Industrial Property In Miami For $3.6M
SOLDIndustrial

ComReal Represents Sale Of 32,700 SF Industrial Property In Miami For $3.6M

2358 NW 151st St, Miami, FL, USA

$3,600,000

$110/SF

Building Size

32,700 SF

Asset Type

Industrial

Closing

Oct 14, 2021

About this deal

AI

The industrial property located at 2358 NW 151st ST in Miami has been sold. The transaction took place on October 15, 2021. The property spans 32,700 square feet and was sold for a price of $3,600,000, resulting in a price per square foot of $110.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $3,600,000
  • Square Footage: 32,700
  • Address: 2358 NW 151st ST
  • Market: Miami

The sale of this industrial property was facilitated by Patrick McBride from ComReal.

The industrial sale at 2358 NW 151st St, Miami, FL, USA in Opa-locka, Florida sold for $3.6M in 2021. The building is 32,700 square feet, implying about 110 per square foot on the published price. Patrick McBride, ComReal appear on the sale alongside ComReal. This page is the Opa-locka, Florida file for the 2358 NW 151st St, Miami, FL, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Opa-locka sit in the Market section below. Filter that Opa-locka industrial set by closing date to see what else sold near 2358 NW 151st St, Miami, FL, USA around 2021. Published consideration for 2358 NW 151st St, Miami, FL, USA is $3.6M, dated 2021. Cite this ComReal Represents Sale Of 32,700 SF Industrial Property In Miami For $3.6M sale when underwriting similar industrial product around Opa-locka, Florida.

On the Map

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$3,600,000

$110/SF

Industrial

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Players

Patrick McBride

ComReal

Broker

$88.9M

vol

9 deals

Broker
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Opa-locka Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $110 per square foot on a published $3.6M for 32,700 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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