The Easton Group Acquires Industrial Property In Miami-Dade For $14.3M
3121 Northwest 125th Street, Miami, Florida 33167, United States
$14,300,000
$188/SF
Building Size
76,000 SF
Asset Type
Industrial
Closing
Sep 19, 2022
AI
The industrial property located at 3121 Northwest 125th Street in Miami-Dade County has been sold. The property spans across 2.7 acres and is part of the industrial market. The transaction took place on September 20, 2022.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $14,300,000
- Square Footage: 76,000
- Price per Square Foot: $188
- Address: 3121 Northwest 125th Street, Miami-Dade County
The buyer of the property is The Easton Group, represented by Edward Easton and Dalton Easton. The seller is Hammersmith Limited Partnership, represented by Steven Hammersmith. The deal was facilitated by the brokerage firm CBRE.
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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93