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

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SOLD
$4,000,000

Florida

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Industrial6,164 SF
Sold 06/24/2025
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SOLD

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

5166 East 11th Avenue

See Similar Deals
Industrial6,164 SF
Sold 06/24/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$648
Total Square Footage:6,164 SF
Transaction Type:Sale

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
28 deals$192.5M volume(786) 486-6655
BROKER

Lisa Lajes Rosen
3 deals$8M volume(305) 804-7797
BROKER

Sotheby's International Realty
BROKERAGE

Details

SOLD
IMAGE: Lisa Lajes Rosen & Manny Chamizo III DATE: 06/24/2025 ADDRESS: 5166 East 11th Avenue MARKET: Hialeah ASSET TYPE: Industrial BUYER: Denia E. Fajardo SELLER: Arnaldo Diaz BUYER'S REP: Lisa Lajes Rosen (@EwmRosen) - BHHS EWM Realty (@EWMRealty) SELLER'S REP: Manny Chamizo III (@MannyChamizo) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $4,000,000 SF: 6,164 ~ PPSF: $648 NOTE FROM BUYER'S REP: This opportunity caters to the increasing demand for high-quality industrial warehouse spaces, storage solutions, and efficient supply chain management. With the global shift toward e-commerce and the expanding need for last-mile delivery services, this property presented an excellent opportunity for the buyers interested in operating and expanding their trucking company business. Lisa Rosen from The Lisa Rosen Group at BHHS EWM Realty represented the buyers from Miami, working alongside Manny Chamizo from One Sotheby's International Realty, who represented the sellers. The new owners are excited about their plans for creative remodeling and are eager to continue growing their trucking business. Congrats to all parties involved!

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

$213,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49