Alex Cal Buys Industrial Property At 8451 Northwest 66th Street For $6.05M From Hy Ash
SOLD
$6,050,000
Florida
See Similar DealsIndustrial22,272 SF
Sold 01/23/2026
SOLD
Alex Cal Buys Industrial Property At 8451 Northwest 66th Street For $6.05M From Hy Ash
8451 Northwest 66th Street
See Similar DealsIndustrial22,272 SF
Sold 01/23/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$271
Total Square Footage:22,272 SF
Transaction Type:Sale
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
BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$322,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,494.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,680.09
Annual Debt Service$344,161.04
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