facebook
Traded Co logo
Submit

EMC Windows Acquires Industrial Property In Miami From International Distribution Center For $7.65M

Property Image
SOLD
$7,650,000
Patrick McBride
Edison Vasquez

Florida

See Similar Deals
Industrial48,000 SF
Sold 07/02/2024
the dealplayerscompscontact
Property Image
SOLD

EMC Windows Acquires Industrial Property In Miami From International Distribution Center For $7.65M

3680 Northwest 73rd Street

See Similar Deals
Industrial48,000 SF
Sold 07/02/2024
Patrick McBride
Edison Vasquez
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$159
Total Square Footage:48,000 SF
Transaction Type:Sale

The industrial asset at 3680 Northwest 73rd Street in Miami has been sold for $7,650,000. The property encompasses a total area of 48,000 square feet, translating to a price per square foot of $159.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,650,000
  • Address: 3680 Northwest 73rd Street
  • Market: Miami
  • Buyer: EMC Windows
  • Seller: International Distribution Center
  • Brokers: Patrick McBride & Edison Vasquez - ComReal
  • Square Footage: 48,000
  • Price Per Square Foot: $159

Patrick McBride and Edison Vasquez from ComReal represented the brokers in this transaction. The ComReal Industrial Team brings over 40 years of experience in assisting business owners and investors with the sale and acquisition of industrial assets in South Florida. The team features five SIORs, enhancing customer benefits through established relationships to achieve successful outcomes.

Players

Edison Vasquez
ComReal
Edison Vasquez
10 deals$84.8M volume(786) 433-2383
BROKER
Patrick McBride
ComReal
Patrick McBride
9 deals$88.9M volume
BROKER

Details

SOLD
IMAGE: Patrick McBride & Edison Vasquez DATE: 07/02/2024 ADDRESS: 3680 Northwest 73rd Street MARKET: Miami ASSET TYPE: Industrial BUYER: EMC Windows SELLER: International Distribution Center BROKERS: Patrick McBride & Edison Vasquez (@Edisonindustrial) - ComReal (@ComRealInternational) SALE PRICE: $7,650,000 SF: 48,000 ~ PPSF: $159 NOTE FROM BROKERS: The ComReal Industrial Team has been assisting business owners and investors sell and acquire industrial assets in South Florida for over 40 years. With 5 SIORs on the team, our customers benefit from the experience and relationships that we have created and nurtured to achieve successful outcomes.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$408,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,178.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,264.90
Annual Debt Service$435,178.83