Jean Robert Cesar Purchases Industrial Property From Mahmoud & Walid Amrouch For $6.05M In Miami
7131 Northwest 26th Avenue
$6,050,000
$167/SF
Building Size
36,116 SF
Asset Type
Industrial
Closing
Aug 27, 2025
AI
The property asset involved in this transaction is an industrial facility located at 7131 Northwest 26th Avenue in the Miami market. It has a total square footage of 36,116 and was sold for $6,050,000, translating to a price per square foot of $167.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,050,000
- Address: 7131 Northwest 26th Avenue
- Market: Miami
- Square Footage: 36,116
- Price Per Square Foot: $167
- Buyer: Jean Robert Cesar
- Seller: Mahmoud & Walid Amrouch
- Brokers: George Belesis & Andrew Dixon - DWNTWN Realty Advisors
This transaction involved Jean Robert Cesar as the buyer and Mahmoud & Walid Amrouch as the seller. The deal was represented by brokers George Belesis and Andrew Dixon from DWNTWN Realty Advisors, who facilitated the negotiation and completion of this sale.
Players
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