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2570 South Park Road

Ariel Rodríguez Acquires Industrial Asset In Hallandale Beach From Raul Medina For $3.4M
SOLDIndustrial

Ariel Rodríguez Acquires Industrial Asset In Hallandale Beach From Raul Medina For $3.4M

2570 South Park Road

$3,400,000

$495/SF

Building Size

6,858 SF

Asset Type

Industrial

Closing

Oct 22, 2025

AI

The asset involved in this transaction is an industrial property located at 2570 South Park Road in Hallandale Beach. The property was sold for $3,400,000 and has a total square footage of 6,858, resulting in a price per square foot of $495.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,400,000
  • Sale Date: 10/23/2025
  • Buyer: Ariel Rodríguez
  • Seller: Raul Medina
  • Broker: George Smith - Smith Commercial Property Group

The transaction was facilitated by broker George Smith, who represents Smith Commercial Property Group. The broker has extended an invitation to contact him for warehouse selling opportunities off-market at competitive pricing.

Players

George Smith

Smith Commercial Property Group

Broker

$159.2M

vol

18 deals

Broker
Smith Commercial Property Group
Smith Commercial Property GroupBrokerage

Raul Medina

Seller

$7.7M

vol

3 deals

Seller

Hallandale Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93