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Brian Sharpe Mason Sharpe And Barry Sharpe Acquire 4-Building Industrial Portfolio In Hialeah For $5.27M

Property Image
SOLD
$5,269,000

Florida

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Industrial27,568 SF
Sold 02/24/2026
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Property Image
SOLD

Brian Sharpe Mason Sharpe And Barry Sharpe Acquire 4-Building Industrial Portfolio In Hialeah For $5.27M

1035 Southeast 9th Court, 2712 West 10th Avenue, 615 East 2nd Avenue & 643 East 2nd Avenue

See Similar Deals
Industrial27,568 SF
Sold 02/24/2026

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$191
Total Square Footage:27,568 SF
Transaction Type:Sale

The transaction involves an industrial asset consisting of a four-building portfolio located at 1035 Southeast 9th Court, 2712 West 10th Avenue, 615 East 2nd Avenue & 643 East 2nd Avenue in Hialeah. The sale price for the property was $5,269,000, with a total square footage of 27,568, resulting in a price per square foot of $191.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,269,000
  • Square Footage: 27,568
  • Price Per Square Foot: $191
  • Buyer: Brian Sharpe, Mason Sharpe & Barry Sharpe
  • Seller: Manuel Seage & Lilia A Seage TRS
  • Market: Hialeah

Sharpe Properties Group, LLC is represented by Brian Sharpe, Mason Sharpe, and Barry Sharpe in this acquisition. The deal marks an expansion for Sharpe Properties Group, as they have added 12,363 square feet of residential and 7,708 square feet of industrial space, bringing their total portfolio to 525,838 square feet.

Details

SOLD
IMAGE: Barry Sharpe, Mason Sharpe & Brian Sharpe DATE: 02/24/2026 ADDRESS: 1035 Southeast 9th Court, 2712 West 10th Avenue, 615 East 2nd Avenue & 643 East 2nd Avenue MARKET: Hialeah ASSET TYPE: Industrial BUYER: Brian Sharpe, Mason Sharpe & Barry Sharpe SELLER: Manuel Seage & Lilia A Seage TRS SALE PRICE: $5,269,000 SF: 27,568 ~ PPSF: $191 NOTE FROM BUYER: Sharpe Properties Group, LLC acquires an off-market 4-building portfolio in Hialeah. Expanding beyond our core retail and industrial focus, this acquisition adds 12,363 SF of residential and 7,708 SF of industrial, increasing our portfolio to 525,838 SF.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$281,013.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,719.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,977.75
Annual Debt Service$299,732.98