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6700 Northwest 72nd Avenue

Mario Fernandez Of Cofe Properties Acquires Industrial Asset From Avraham Rosenthal For $26.88M
SOLDIndustrial

Mario Fernandez Of Cofe Properties Acquires Industrial Asset From Avraham Rosenthal For $26.88M

6700 Northwest 72nd Avenue & 7205 Northwest 68th Street

$26,875,000

$244/SF

Building Size

110,166 SF

Asset Type

Industrial

Closing

Oct 7, 2025

AI

The industrial property located at 6700 Northwest 72nd Avenue & 7205 Northwest 68th Street in Miami has been sold for $26,875,000. The asset spans a total of 110,522 square feet, resulting in a price per square foot of $243.

Summary of transaction details:

This transaction marks another successful off-market closing facilitated by The Hype Real Estate Group, whose team is currently seeking industrial and retail opportunities across Florida, Georgia, North Carolina, Virginia, and northeastern states. The Hype Real Estate Group has physical offices located in Miami and New York and is looking to connect with more buyers interested in purchasing opportunities in these regions. The team has also been recognized as the 1077 fastest growing company in the nation.

Players

Raul Pino

The Hype Real Estate Group

Broker

$344.4M

vol

50 deals

Broker
The Hype Real Estate Group
The Hype Real Estate GroupBrokerage
Mario Fernandez

Mario Fernandez

COFE Properties

Buyer

$188.7M

vol

11 deals

Buyer

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

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93