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8451 Northwest 66th Street

Alex Cal Buys Industrial Property At 8451 Northwest 66th Street For $6.05M From Hy Ash
SOLDIndustrial

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

George Smith

Smith Commercial Property Group

Broker

$159.2M

vol

18 deals

Broker
Smith Commercial Property Group
Smith Commercial Property GroupBrokerage
Alex Caliel

Alex Caliel

Buyer

$32.1M

vol

5 deals

Buyer

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