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:
- Property Type: Industrial
- Transaction Amount: $26,875,000
- Buyer: Mario Fernandez - Cofe Properties
- Seller: Avraham Rosenthal - Prudence Investments
- Buyer's Representative: Raul Pino, Brendan Schneier & Pablo Vignolo - The Hype Real Estate Group
- Market: Miami
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
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