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Serdar Sokelen Acquires Industrial Property On NW 72 Ave, Miami For $12.75M

Property Image
SOLD
$12,750,000
Seth Woods
George Smith
Gerson Sotolongo

Florida

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Industrial53,005 SF
Sold 01/20/2023
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Property Image
SOLD

Serdar Sokelen Acquires Industrial Property On NW 72 Ave, Miami For $12.75M

6500 Nw 72 Ave

See Similar Deals
Industrial53,005 SF
Sold 01/20/2023
Seth Woods
George Smith
Gerson Sotolongo
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$240
Total Square Footage:53,005 SF
Transaction Type:Sale

The property at 6500 NW 72 Ave in Miami has been sold for a total price of $12,750,000. It is an industrial asset with a total square footage of 53,005. The property consists of 40,000 square feet of warehouse space. The sale price per square foot is $241.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $12,750,000
  • Address: 6500 NW 72 Ave, Miami
  • Market: Miami

The buyer of the property is Serdar Sokelen, while the seller is Agustín Aguera. The brokers involved in the deal are George Smith and Seth Woods from Smith Commercial Property Group. Gerson Sotolongo from City National Private Medical Group acted as the lender for this transaction.

Smith Commercial is pleased to announce the sale of 6500 NW 72 Ave. Smith represented both the buyer and seller. For more information about your property's value or to discuss your investment goals, you can reach out to Smith Commercial at 305-359-6119.

Players

George Smith
Smith Commercial Property Group
George Smith
18 deals$159.2M volume(305) 359-6119
BROKER
Seth Woods
Mandich Real Estate Advisors
Seth Woods
3 deals$60.8M volume
BROKER
Gerson Sotolongo
Gerson Sotolongo
1 deal$12.8M volume(305) 359-6119
BROKER

Details

SOLD
IMAGE: Seth Woods, Gerson Sotolongo & George Smith DATE: 01/20/2023 ADDRESS: 6500 NW 72 Ave MARKET: Miami ASSET TYPE: Industrial BUYER: Serdar Sokelen SELLER: Agustín Aguera BROKERS: George Smith (@G_Smith_CRE) & Seth Woods (@Industrial_broker) - Smith Commercial Property Group (@Smith_CRE) LENDER: Gerson Sotolongo (@Gershaaawn) - City National Private Medical Group SALE PRICE: $12,750,000 SF: 53,005 ~ PPSF: $241 NOTE FROM BROKER'S: Smith Commercial is pleased to announce the sale of 6500 NW 72 AVE. The property consists of 53,000 SF., of which 40,000 SF is warehouse. Smith represented both buyer and seller. Reach out to us should you want to know your property's value. Our team is available to assist you in reaching your investment goals. Call us at 305-359-6119. ínAguera

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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