Uribe Salazar Acquires Industrial Asset From Ken Martinez In Doral And Medley For $1.223M
SOLD
$1,223,000
Florida
See Similar DealsIndustrial3,412 SF
Sold 09/11/2025
SOLD
Uribe Salazar Acquires Industrial Asset From Ken Martinez In Doral And Medley For $1.223M
2441 Northwest 93rd Avenue & 11383 Northwest 122nd Street
See Similar DealsIndustrial3,412 SF
Sold 09/11/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$358
Total Square Footage:3,412 SF
Transaction Type:Sale
This property asset involves a sale of an industrial asset located at 2441 Northwest 93rd Avenue & 11383 Northwest 122nd Street within the Doral & Medley market. The sale price for this transaction was $1,223,000, and the property encompasses a total square footage of 3,412, resulting in a price per square foot of $358.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,223,000
- Square Footage: 3,412
- Price per Square Foot: $358
- Buyer: Uribe Salazar
- Seller: Ken Martinez
- Brokers: Bobby Berrido, CCIM & Jaime Ojeda - Fausto Commercial Realty Consultants
- Transaction Date: 09/11/2025
The transaction features Uribe Salazar as the buyer and Ken Martinez as the seller. Bobby Berrido, CCIM and Jaime Ojeda represented the transaction on behalf of Fausto Commercial Realty Consultants, facilitating the agreement between both parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,226.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,345.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,797.64
Annual Debt Service$69,571.73
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