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5149 Northeast 12th Avenue

Sandra Hafese Acquires Oakland Park Industrial Asset From Ben Genet For $4.62M
SOLDIndustrial

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

Adam H. Klein

Vision Real Estate Advisors

Broker

$129.8M

vol

38 deals

Broker
GG
Genet Property GroupSeller

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