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3651 Northwest 81st Street

SOLDIndustrial

Mike Tewel & Lola Galloni Of Buyers Realty Advisors Represent Buyer In $6.87M Miami Industrial Sale

3651 Northwest 81st Street

$6,870,000

$228/SF

Building Size

30,010 SF

Asset Type

Industrial

Closing

Jul 16, 2026

AI

30,010 SF single-tenant warehouse located at 3651 Northwest 81st Street in Miami, FL, has been sold for $6,870,000. This industrial asset reflects a price per square foot of $228.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,870,000
  • Address: 3651 Northwest 81st Street
  • Market: Miami
  • Square Footage: 30,010
  • Price per Square Foot: $228
  • Buyer's Representative: Mike Tewel & Lola Galloni - Buyers Realty Advisors
  • Seller's Representatives: Larry Genet, Michael Oretsky & Tom O'Loughlin - CBRE

The transaction highlights the collaboration between Buyers Realty Advisors and CBRE, showcasing the efforts of both teams in this successful deal. The CBRE team expresses gratitude for the owner's trust during this process and acknowledges the contribution of Mike and Lola in bringing the buyer to the table.

Players

Larry Genet

CBRE

Broker

$454.4M

vol

61 deals

Broker

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

2.31%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93