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9200 NW 58th St Doral, FL 3...

Penske Truck Leasing Acquires Industrial Property In Doral For $14.15M
SOLDIndustrial

Penske Truck Leasing Acquires Industrial Property In Doral For $14.15M

9200 NW 58th St Doral, FL 33178, USA

$14,150,000

$314/SF

Building Size

45,000 SF

Asset Type

Industrial

Closing

May 25, 2023

AI

The industrial property located at 9200 Northwest 58th Street in Doral has been sold in a transaction. The property spans approximately 45,000 square feet and was sold for a total price of $14,150,000, resulting in a price per square foot of $314.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $14,150,000
  • Square Footage: 45,000
  • Price Per Square Foot: $314
  • Address: 9200 Northwest 58th Street
  • Market: Doral

The buyer of the property is Penske Truck Leasing, while the seller is Hackney Properties represented by Charles E Hackney. The seller's representatives in the deal were Edison Vasquez, Chris Spear, and Michaela Senior from ComReal.

Players

Chris Spear

ComReal

Broker

$136.2M

vol

11 deals

Broker
PL
Penske Truck LeasingBuyer

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

1.12%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93