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Hialeah Gardens, Florida, U...

Updated Oct 28, 2024

Megastron, INC Acquires Industrial Property In Hialeah Gardens For $8.2M
SOLDIndustrial

Megastron, INC Acquires Industrial Property In Hialeah Gardens For $8.2M

Hialeah Gardens, Florida, United States

$8,183,000

$28/SF

Building Size

283,140 SF

Asset Type

Industrial

Closing

Jun 23, 2022

About this deal

AI

An industrial property located in Hialeah Gardens has been sold for a total of $8,183,000. Spanning across 283,140 square feet, the property was sold at a price per square foot of $29. The transaction took place on June 24, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,183,000

Megastron, INC, represented by Hayde Ceballos, acquired the property from Iguazu, INT Inc. The sale was facilitated by brokers Miguelangel Salazar-Pesce and Azael Reyes from Strike Realty, LLC.

The industrial sale at Hialeah Gardens, Florida, United States in Hialeah Gardens, Florida sold for $8.2M in 2022. The building is 283,140 square feet, implying about 28 per square foot on the published price. Miguelangel Salazar-Pesce, Azael Reyes, East Coast Properties & Commercial Real Estate appear on the sale alongside East Coast Properties & Commercial Real Estate. This page is the Hialeah Gardens, Florida file for the Hialeah Gardens, Florida, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Hialeah Gardens sit in the Market section below. Filter that Hialeah Gardens industrial set by closing date to see what else sold near Hialeah Gardens, Florida, United States around 2022. Published consideration for Hialeah Gardens, Florida, United States is $8.2M, dated 2022. Cite this Megastron, INC Acquires Industrial Property In Hialeah Gardens For $8.2M sale when underwriting similar industrial product around Hialeah Gardens, Florida.

Players

Miguelangel Salazar-Pesce

East Coast Properties & Commercial Real Estate

Broker

$76.1M

vol

11 deals

Broker

Hialeah Gardens Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $28 per square foot on a published $8.2M for 283,140 square feet (2022).

Visit Miguelangel Salazar-Pesce to view all their deals.

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.94%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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