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Zaragon Inc Acquires Industrial Property In Hialeah For $7.55M

Property Image
SOLD
$7,550,000
John Crotty
Emily Brais
+ 4

Florida

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Industrial1,050,000 SF
Sold 05/18/2020
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Property Image
SOLD

Zaragon Inc Acquires Industrial Property In Hialeah For $7.55M

7400 NW 37th Ave, Miami, FL 33147, USA

See Similar Deals
Industrial1,050,000 SF
Sold 05/18/2020
John Crotty
Emily Brais
+ 4
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$7
Total Square Footage:1,050,000 SF
Transaction Type:Sale

The industrial property located at 7400 NW 37th Ave in Hialeah has been sold for a price of $7,550,000. The property spans across 105,000 square feet, resulting in a price per square foot of $71. The buyer of the property is Zaragon Inc, while the seller is RAM Steel Framing. The transaction was facilitated by brokers David Duckworth, Michael T. Fay, John K. Crotty, Brian C. de la Fé, Berkley Bloodworth, and Emily Brais.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $7,550,000
  • Address: 7400 NW 37th Ave, Hialeah
  • Market: Hialeah
  • Square Footage: 105,000
  • Price per Square Foot: $71
  • Buyer: Zaragon Inc
  • Seller: RAM Steel Framing
  • Brokers: David Duckworth, Michael T. Fay, John K. Crotty, Brian C. de la Fé, Berkley Bloodworth, and Emily Brais

The deal involved a collaboration between several key individuals and companies. The brokers who played a role in this transaction include David Duckworth, Michael T. Fay, John K. Crotty, Brian C. de la Fé, Berkley Bloodworth, and Emily Brais. Their expertise and efforts contributed to the successful completion of this industrial property sale in Hialeah.

Players

Emily Brais
9 deals$97.1M volume(905) 474-1155
BROKER

John Crotty
Avison Young
51 deals$1.5B volume(305) 345-9567
BROKER

Michael Fay
Avison Young
49 deals$1.4B volume(305) 447-7842
BROKER

Berkley Bloodworth
Avison Young
12 deals$146.2M volume
BROKER

David Duckworth
Avison Young
44 deals$1.2B volume
BROKER

David Spillers
Avison Young
2 deals$41.6M volume
BROKER

Brian de la Fé
Avison Young
46 deals$1.3B volume(305) 476-7134
BROKER

BUYER

Details

SOLD
IMAGE: John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth & Emily Brais DATE: 05/18/2020 ADDRESS: 7400 NW 37th Ave MARKET: Hialeah ASSET TYPE: Industrial PRICE: $7,550,000 SF: 105,000 PPSF: $71 BUYER: Zaragon Inc SELLER: RAM Steel Framing BROKERS: David Duckworth, Michael T. Fay, John K. Crotty, Brian C. de […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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