Updated Oct 28, 2024
Tucandela Group Acquires Industrial Asset In Wynwood For $9.2M
2445 North Miami Avenue, Miami, Florida 33127, United States
$9,200,000
$1,094/SF
Building Size
8,407 SF
Asset Type
Industrial
Closing
Apr 28, 2022
About this deal
AI
The industrial property located at 2445 N Miami Ave in the Wynwood market has been sold for a price of $9,200,000. Spanning a total of 8,407 square feet, the asset was purchased by Tucandela Group, represented by Brian Mejia. The property was sold by Link Real Estate NYC, represented by Dan Arev, and Jameson Equities, represented by Joe Serure and Richard Serure.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,200,000
- Address: 2445 N Miami Ave
- Market: Wynwood
- Buyer: Tucandela Group - Brian Mejia
- Seller: Link Real Estate NYC - Dan Arev & Jameson Equities - Joe Serure & Richard Serure
- Buyer's Rep: Hector Antunez - Metro 1 Commercial
- Seller's Rep: Juan Andres Nava, Bernardita Banfi - Metro 1 Commercial
- Square Footage: 8,407
- Price per Square Foot: $1,094
Hector Antunez from Metro 1 Commercial represented the buyer, Tucandela Group, in the transaction. On the seller's side, Juan Andres Nava and Bernardita Banfi, also from Metro 1 Commercial, acted as the representatives for Link Real Estate NYC and Jameson Equities. This deal showcases the involvement of various individuals and companies in the successful sale of the industrial property in Wynwood.
On the Map
$9,200,000
$1,094/SF
Industrial
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Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93