3075 ESC Grove LLC Acquires Industrial Property From James Kunitz For $4.1M In Miami
3075 Southwest 28th Street
$4,100,000
$724/SF
Building Size
5,658 SF
Asset Type
Industrial
Closing
Jun 3, 2026
AI
James Kunitz sold an industrial property located at 3075 Southwest 28th Street in Miami. The property encompasses a total area of 5,658 square feet and was sold for a total price of $4,100,000, translating to a price per square foot of $725.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Buyer: 3075 ESC Grove LLC
- Seller: James Kunitz
- Square Footage: 5,658
- Price per Square Foot: $725
The transaction involved 3075 ESC Grove LLC as the buyer, acquiring the asset from seller James Kunitz. This deal showcases the ongoing activity in the industrial market within the Miami region.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93