Updated Apr 28, 2026
Alex Cal Acquires Industrial Asset In Miami For $5.75M From Hy Ash With Brokers Navarro & Smith
4200 Northwest 72nd Avenue
$5,750,000
$213/SF
Building Size
26,904 SF
Asset Type
Industrial
Closing
Apr 20, 2026
About this deal
AI
This industrial property located at 4200 Northwest 72nd Avenue in Miami has been sold for a price of $5,750,000. The asset encompasses a total square footage of 26,904, which values the property at approximately $213 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,750,000
- Address: 4200 Northwest 72nd Avenue
- Market: Miami
- Square Footage: 26,904
- Price Per Square Foot: $213
- Buyer: Alex Cal
- Seller: Hy Ash
- Brokers: Julio Navarro & George Smith - Smith Commercial Property Group
The transaction involves notable figures, including buyer Alex Cal and seller Hy Ash, with Julio Navarro and George Smith representing Smith Commercial Property Group as the brokers facilitating the sale.
On the Map
$5,750,000
$213/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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93