Updated Dec 16, 2025
Alfonso Lozada Acquires Industrial Asset In Miami For $8.35M With Brokers Ernie Perez & Yonatan Missika
3500 Northwest 59th Street
$8,350,000
$208/SF
Building Size
40,000 SF
Asset Type
Industrial
Closing
Dec 9, 2025
About this deal
AI
The property asset sold is an industrial asset located at 3500 Northwest 59th Street in the Miami market. The sale was finalized for a price of $8,350,000, encompassing a total square footage of 40,000, which equates to a price per square foot of $208.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,350,000
- Address: 3500 Northwest 59th Street
- Market: Miami
- Square Footage: 40,000
- Price per Square Foot: $208
- Buyer: Alfonso Lozada
- Broker Representatives: Ernie Perez & Yonatan Missika - Gridline Properties
This transaction involved Alfonso Lozada as the buyer, with Ernie Perez and Yonatan Missika serving as the broker representatives from Gridline Properties, facilitating the closing of the deal.
On the Map
$8,350,000
$208/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
1.90%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93