facebook
Traded Co logo
Submit

Edgeconnex Acquires Industrial Property In Medley For $13.7M

Property Image
SOLD
$10,300,000
JF
JR

Florida

See Similar Deals
Industrial49,333 SF
Sold 12/23/2021
the dealplayerscompscontact
Property Image
SOLD

Edgeconnex Acquires Industrial Property In Medley For $13.7M

9315 Northwest 112th Avenue, Miami, Florida 33178, United States

See Similar Deals
Industrial49,333 SF
Sold 12/23/2021
JF
JR
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$208
Total Square Footage:49,333 SF
Transaction Type:Sale

Edgeconnex has acquired an industrial property located at Nw 112th Avenue & Nw 105th Street in Medley, Florida. The property spans 272,250 square feet and was sold for a price of $13,700,000, which translates to a price per square foot of $50. The transaction took place on January 9, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $13,700,000
  • Address: Nw 112th Avenue & Nw 105th Street, Medley, Florida
  • Market: Medley

The buyer, Edgeconnex, was represented by Nicolas Palazzo from CBRE, while the sellers, Juan Fayen and Juan Ramos, were represented by Yoly Viloria from Keller Williams. For inquiries about this property, Yoly Viloria can be reached at +1.954.562.3148 or [email protected]. You can also connect with her on Instagram at yolyviloriarealtor.

Players

E
Edgeconnex
BUYER
JF
Juan Fayen
3 deals$37.7M volume
SELLER
JR
Juan Ramos
4 deals$41.2M volume
SELLER

Details

SOLD
IMAGE: Yoly Viloria DATE: 01/09/2023 ADDRESS: Nw 112th Avenue & Nw 105th Street MARKET: Medley ASSET TYPE: Industrial BUYER: Edgeconnex SELLER: Juan Fayen & Juan Ramos BUYER'S REP: Nicolas Palazzo (@Nicolas_Palazzo) - CBRE (@CBRE) SELLER'S REP: Yoly Viloria (@Yolyviloriarealtor) - Keller Williams (@KellerWilliamsRealty) ASKING PRICE: $13,650,000 SALE PRICE: $13,700,000 SF: 272,250 ~ PPSF: $50 NOTE FROM SELLER'S REP: Yoly Viloria South Florida's Top Producer Keller Williams Realty International Lifestyle Phone: +1.954.562.3148 Email: [email protected] Instagram: yolyviloriarealtor

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$549,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$36,593.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,827.25
Annual Debt Service$585,927.06