Sandra Hafese Acquires Oakland Park Industrial Asset From Ben Genet For $4.62M
5149 Northeast 12th Avenue
$4,620,000
$222/SF
Building Size
20,748 SF
Asset Type
Industrial
Closing
Feb 17, 2026
AI
The asset involved in this transaction is an industrial property located at 5149 Northeast 12th Avenue in Oakland Park, with a total square footage of 20,748. The sale was concluded at a price of $4,620,000, which translates to a price per square foot of $222.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,620,000
- Square Footage: 20,748
- Address: 5149 Northeast 12th Avenue
- Market: Oakland Park
- Buyer: Sandra Hafese
- Seller: Ben Genet - Genet Property Group
- Brokers: Adam H. Klein & Elon Gerberg - Vision Real Estate Advisors
This transaction highlights the collaborative efforts of the brokers from Vision Real Estate Advisors, Adam H. Klein and Elon Gerberg, who executed a targeted marketing process resulting in a quick sale. They worked closely with the seller, Ben Genet and his team at Genet Property Group, to facilitate the transaction efficiently, closing in under 30 days from contract to close.
Players
Oakland Park 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
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93