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5166 East 11th Avenue

Denia E. Fajardo Acquires Industrial Property In Hialeah From Arnaldo Diaz For $4M
SOLDIndustrial

Denia E. Fajardo Acquires Industrial Property In Hialeah From Arnaldo Diaz For $4M

5166 East 11th Avenue

$4,000,000

$648/SF

Building Size

6,164 SF

Asset Type

Industrial

Closing

Jun 23, 2025

AI

The property asset involved in the transaction is an industrial building located at 5166 East 11th Avenue in Hialeah. The sale was completed for a total of $4,000,000, encompassing a total area of 6,164 square feet with a price per square foot of $648.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,000,000
  • Square Footage: 6,164
  • Price per Square Foot: $648
  • Buyer: Denia E. Fajardo
  • Seller: Arnaldo Diaz
  • Buyer's Representative: Lisa Lajes Rosen - BHHS EWM Realty
  • Seller's Representative: Manny Chamizo III - Sotheby's International Realty
  • Market: Hialeah

The transaction involved Denia E. Fajardo as the buyer, who plans on operating and expanding a trucking company. Lisa Lajes Rosen from BHHS EWM Realty represented the buyers, while Manny Chamizo III from Sotheby's International Realty represented the sellers. The new owners have expressed enthusiasm for their ideas regarding creative remodeling and growth in their business operations.

Players

Manny Chamizo III

Sotheby's International Realty

Broker

$199.1M

vol

30 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

Hialeah 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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93