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7450 Northwest 41st Street

Alex Salmon And Nico Salmon Acquire Industrial Warehouse From Marlen De Varona For $5.84M
SOLDIndustrial

Alex Salmon And Nico Salmon Acquire Industrial Warehouse From Marlen De Varona For $5.84M

7450 Northwest 41st Street

$5,836,800

$295/SF

Building Size

19,760 SF

Asset Type

Industrial

Closing

Sep 22, 2025

AI

This transaction involved the sale of an industrial property located at 7450 Northwest 41st Street in Miami. The asset comprises 19,760 square feet and was sold for a total price of $5,836,800, which equates to $295 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,836,800
  • Square Footage: 19,760
  • Address: 7450 Northwest 41st Street
  • Market: Miami
  • Buyer: Alex Salmon & Nico Salmon
  • Seller: Marlen De Varona
  • Brokers: Joseph Suarez & Andres Villarreal - Trustpoint Realty

Joseph Suarez and Andres Villarreal from Trustpoint Realty represented both the buyer and seller in this transaction. Trustpoint Realty has recently expanded its office and is actively seeking motivated agents to join their team, emphasizing their focus on cold calling to find new deals for clients.

Players

Joseph Suarez

Trustpoint Realty

Broker

$85.6M

vol

23 deals

Broker
Trustpoint Realty
Trustpoint RealtyBuyer
Trustpoint Realty
Trustpoint RealtySeller

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

2.72%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93