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8125 Northwest 64th Street

Teran Properties Fl Inc Acquires Industrial Asset In Miami For $8.225M With Brokers Brittney Monteagudo And Andres Marino
SOLDIndustrial

Teran Properties Fl Inc Acquires Industrial Asset In Miami For $8.225M With Brokers Brittney Monteagudo And Andres Marino

8125 Northwest 64th Street

$8,225,000

$371/SF

Building Size

22,135 SF

Asset Type

Industrial

Closing

May 12, 2025

AI

The property involved in the transaction is an industrial asset located at 8125 Northwest 64th Street in Miami. The sale was completed on May 13, 2025, for a price of $8,225,000. The property has a total square footage of 22,135 with a price per square foot at $371.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,225,000
  • Address: 8125 Northwest 64th Street, Miami
  • Square Footage: 22,135
  • Price per Square Foot: $371
  • Buyer: Teran Properties Fl, Inc
  • Buyer's Representative: Andres Marino - LUXE Capital Advisors
  • Seller's Representative: Brittney Monteagudo - Bestway Realty Sales, LLC

Andres Marino from Luxe Capital Advisors worked exclusively with Teran Properties to facilitate the successful closure of this deal. For additional opportunities, both on and off the market, interested parties can reach out to Andres at [email protected].

Players

Andres Marino

LUXE Capital Advisors

Broker

$25.3M

vol

5 deals

Broker

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

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93