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3151 Northwest 125th Street

Edward Easton Of The Easton Group Acquires Industrial Warehouse In Miami For $16.9M
SOLDIndustrial

Edward Easton Of The Easton Group Acquires Industrial Warehouse In Miami For $16.9M

3151 Northwest 125th Street

$16,900,000

$175/SF

Building Size

96,585 SF

Asset Type

Industrial

Closing

Aug 14, 2025

AI

The Easton Group has acquired an industrial property located at 3151 Northwest 125th Street in the Miami market. The property spans 96,585 square feet and was purchased for $16,900,000, resulting in a price per square foot of $175. The warehouse is situated in the Gratigny submarket and is leased to Front of the House, a dinnerware distributor.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,900,000
  • Square Footage: 96,585
  • Address: 3151 Northwest 125th Street
  • Market: Miami
  • Buyer: Edward Easton - The Easton Group
  • Broker: Dalton Easton - The Easton Group

This transaction marks Edward Easton’s second purchase in the Gratigny area within three years, following the acquisition of a neighboring 75,829-square-foot facility in 2022. The deal was brokered by Dalton Easton, who represents The Easton Group in this off-market transaction.

Players

Dalton Easton

The Easton Group

Broker

$70.2M

vol

5 deals

Broker
Edward Easton

Edward Easton

The Easton Group

Buyer

$118.4M

vol

7 deals

Buyer

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

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93