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9315 NW 112th Ave, Miami, F...

CBRE Miami Industrial Team Sells Industrial Property In Medley For $10.2M
SOLDIndustrial

CBRE Miami Industrial Team Sells Industrial Property In Medley For $10.2M

9315 NW 112th Ave, Miami, Florida 33178, United States

$10,230,527

$207/SF

Building Size

49,333 SF

Asset Type

Industrial

Closing

Nov 30, 2021

AI

The industrial property located at 9315 NW 112th Avenue in Medley has been sold for a total price of $10,230,527. Spanning across 49,333 square feet, this asset was transacted at an average price per square foot of $207.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $10,230,527
  • SF: 49,333
  • PPSF: $207
  • Address: 9315 NW 112th Avenue, Medley

The sale of this industrial property was facilitated by Devin White & David Albert of the Miami Industrial Team at CBRE.

Players

Devin White

CBRE

Broker

$448.9M

vol

21 deals

Broker

Medley 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

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93