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Jonathan Eismann Of Gridline Properties Facilitates $1.6M Industrial Property Sale In Little River, Miami

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SOLD
$1,600,000

Florida

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Industrial4,014 SF
Sold 05/01/2022
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SOLD

Jonathan Eismann Of Gridline Properties Facilitates $1.6M Industrial Property Sale In Little River, Miami

401 Northwest 79th Street, Miami, Florida 33150, United States

See Similar Deals
Industrial4,014 SF
Sold 05/01/2022
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$398
Total Square Footage:4,014 SF
Transaction Type:Sale

Located in Little River, the industrial property at 401 NW 79th St has been sold for $1,600,000. The property spans 4,014 square feet, resulting in a price per square foot of $399. Additionally, the lot is measured at 10,500 square feet, resulting in a price per lot square foot of $152. The transaction took place on 05/01/2022.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $1,600,000
  • Square Feet: 4,014
  • Price per Square Foot: $399
  • Lot Square Feet: 10,500
  • Price per Lot Square Foot: $152

Jared Jukel acquired the property from seller Jorge Aleman. The deal was facilitated by Jonathan Eismann of Gridline Properties, who has a solid track record in the Little River and Allapattah markets. Notably, this transaction marks Eismann's fifth closed deal on 79th Street in the Shorecrest and Little River sub-markets. Specializing in industrial properties, Eismann focuses on finding properties that are either already vacant or can be delivered vacant to new users, solidifying his reputation as one of the top brokers in the city.

Players

Jonathan Eismann
36 deals$95.6M volume(305) 507-7098
BROKER

Details

SOLD
IMAGE: Jonathan Eismann DATE: 05/01/2022 ADDRESS: 401 NW 79th St MARKET: Little River ASSET TYPE: Industrial BUYER: Jared Jukel SELLER: Jorge Aleman BROKER: Jonathan Eismann (@JonEismann) - Gridline Properties (@GridlineProperties) SALE PRICE: $1,600,000 SF: 4,014 ~ PPSF: $399 LOT SF: 10,500 ~ PPLSF: $152 NOTE FROM BROKER: This makes deal # 5 closed by Jonathan Eismann on 79th Street in the Shorecrest, and Little River sub-markets, including his most recent record sale. Jonathan specializes in industrial properties that are, or that can be delivered vacant to new users. He has earned his reputation since 2004 as one of the top brokers in the City within the Little River/Little Haiti, and Allapattah markets.

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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