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7555 West 2nd Court

Alex Llanes Purchases Industrial Property In Hialeah From Alex Ruiz For $4.5M
SOLDIndustrial

Alex Llanes Purchases Industrial Property In Hialeah From Alex Ruiz For $4.5M

7555 West 2nd Court

$4,500,000

$225/SF

Building Size

20,000 SF

Asset Type

Industrial

Closing

Mar 4, 2026

AI

The asset involved in this transaction is an industrial property located at 7555 West 2nd Court, Hialeah. The sale price reached $4,500,000, encompassing a total square footage of 20,000, which equates to a price per square foot of $225.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,500,000
  • Address: 7555 West 2nd Court
  • Market: Hialeah
  • Square Footage: 20,000
  • Price Per Square Foot: $225
  • Buyer: Alex Llanes
  • Seller: Alex Ruiz
  • Brokers: Rene Vivo & Juliano Lopez - Vivo Real Estate Group

Alex Llanes is the buyer of the property, while Alex Ruiz serves as the seller in this transaction. The transaction was facilitated by brokers Rene Vivo and Juliano Lopez from Vivo Real Estate Group, representing both parties during the deal process.

Players

Juliano Lopez

Vivo Real Estate Group

Broker

$16.4M

vol

5 deals

Broker

Alex Ruiz

Seller

$43.3M

vol

5 deals

Seller

Hialeah 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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93