Updated Jul 16, 2026
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
About this deal
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.
On the Map
$6,870,000
$228/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
2.31%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93