Updated Dec 21, 2023
Benjamin Silver Of Marcus & Millichap Sells Industrial Property In Miami For $3.1M
3580 Northwest 52nd Street, Miami, FL, USA
$3,100,000
$101/SF
Building Size
30,644 SF
Asset Type
Industrial
Closing
Mar 8, 2021
About this deal
AI
The industrial property located at 3580 NW 52nd Street in Miami has been sold for a total price of $3,100,000. This property spans across 30,644 square feet, resulting in a price per square foot of $101. The sale was facilitated by Benjamin Silver of Marcus & Millichap.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Address: 3580 NW 52nd Street
- Market: Miami
- Broker: Benjamin Silver - Marcus & Millichap
Benjamin Silver, representing Marcus & Millichap, played a key role in the successful transaction of this industrial property in Miami.
Players
Hialeah 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93