facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

8020 Northwest 60th Street,...

Heads Or Tails Seafood, Inc. Acquires Industrial Property In Doral For $5.55M
SOLDIndustrial

Heads Or Tails Seafood, Inc. Acquires Industrial Property In Doral For $5.55M

8020 Northwest 60th Street, Doral, FL, USA

$5,550,000

$158/SF

Building Size

35,000 SF

Asset Type

Industrial

Closing

Nov 18, 2020

AI

A 35,000 square foot industrial property located at 8020 NW 60th Street in Doral has been sold for $5,550,000. The property was listed with an asking price of $5,800,000, indicating that the sale was negotiated below the original asking price. The price per square foot (PPSF) for this transaction is $159. The sale took place on November 19, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,550,000
  • Market: Doral
  • Buyer: Heads or Tails Seafood, Inc. (@HeadsorTailsSeafoodInc)
  • Seller: Global Parcel Services
  • Buyer's Representative: Will Falero (@WillFalero) - Collier's International
  • Seller's Representatives: Francisco Girón & Martijn A Rentema - Jacog Advisors (@JacogAdvisors)

The buyer, Heads or Tails Seafood, Inc., was represented by Will Falero from Collier's International, while the seller, Global Parcel Services, was represented by Francisco Girón and Martijn A Rentema from Jacog Advisors. This transaction highlights the active industrial real estate market in Doral and the successful negotiation resulting in a sale price below the original asking price.

Players

Will Falero

Pro Industrial

Broker

$54.3M

vol

5 deals

Broker
Colliers
ColliersBrokerage

Doral Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.86%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93