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
$194/SF
Building Size
138,518 SF
Asset Type
Industrial
Closing
Oct 7, 2025
AI
This industrial property is located at 6700 Northwest 72nd Avenue & 7205 Northwest 68th Street in the Miami market. The transaction occurred for a sale price of $26,875,000, covering a total area of 110,522 square feet, which translates to a price per square foot of $243.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,875,000
- Square Footage: 110,522
- Address: 6700 Northwest 72nd Avenue & 7205 Northwest 68th Street
- Market: Miami
- Buyer: Mario Fernandez - Cofe Properties
- Seller: Avraham Rosenthal - Prudence Investments
- Buyer's Representatives: Raul Pino, Brendan Schneier, Pablo Vignolo, & Raphael Safdie - The Hype Real Estate Group
- Price per Square Foot: $243
This transaction involved notable representatives, including Raul Pino, Brendan Schneier, Pablo Vignolo, and Raphael Safdie from The Hype Real Estate Group. They successfully facilitated the off-market transaction and are actively seeking more industrial and retail opportunities across various states, including Florida, Georgia, North Carolina, Virginia, and northeastern states.
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