Alex Cal Buys Industrial Property At 8451 Northwest 66th Street For $6.05M From Hy Ash
8451 Northwest 66th Street
$6,050,000
$271/SF
Building Size
22,272 SF
Asset Type
Industrial
Closing
Jan 22, 2026
AI
The property asset involved in this transaction is an industrial asset located at 8451 Northwest 66th Street, Miami. The sale price for the property was $6,050,000, with a total square footage of 22,272, translating to a price per square foot of $271.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,050,000
- Address: 8451 Northwest 66th Street
- Market: Miami
- Square Footage: 22,272
- Price Per Square Foot: $271
- Buyer: Alex Cal
- Seller: Hy Ash
- Brokers: George Smith & Julio Navarro - Smith Commercial Property Group
Key individuals involved in this transaction include the buyer, Alex Cal, and the seller, Hy Ash. The brokerage was represented by George Smith and Julio Navarro from Smith Commercial Property Group, who facilitated the deal.
Players
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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93