facebook
Traded Co logo
Submit

RLF Acquisitions Acquires Industrial Property In Medley For $15M

Property Image
SOLD
$15,000,000
Nicolas Palazzo

Florida

See Similar Deals
Industrial173,981 SF
Sold 08/04/2022
the dealplayerscompscontact
Property Image
SOLD

RLF Acquisitions Acquires Industrial Property In Medley For $15M

9455 NW 104th St

See Similar Deals
Industrial173,981 SF
Sold 08/04/2022
Nicolas Palazzo
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$86
Total Square Footage:173,981 SF
Transaction Type:Sale

The industrial property located at 9455 NW 104th St in Medley has been sold for a total price of $15,000,000. The property spans 173,981 square feet, and the sale price equates to a price per acre of $3.75 million.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $15,000,000
  • Square Footage: 173,981
  • Address: 9455 NW 104th St, Medley
  • Price per Acre: $3.75 million

The buyer in this transaction is RLF Acquisitions, while the seller is Nelson Ferreira. Acting as the seller's representatives were Andrew Fernandez and Nicolas Palazzo from the Miami Industrial Team at CBRE.

Players

Nicolas Palazzo
6 deals$40.2M volume(812) 327-7088
BROKER

Andrew Fernandez
Re/Max
10 deals$35.9M volume
BROKER

Details

SOLD
IMAGE: Andrew Fernandez & Nicolas Palazzo DATE: 08/04/2022 ADDRESS: 9455 NW 104th St MARKET: Medley ASSET TYPE: Industrial BUYER: RLF Acquisitions SELLER: Nelson Ferreira SELLER'S REP: Andrew Fernandez (@Andrewlf_) & Nicolas Palazzo (@Nicolas_Palazzo) - Miami Industrial Team (@MiamiIndustrialTeam) - CBRE SALE PRICE: $15,000,000 PRICE PER ACRE: $3.75M SF: 173,981

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83