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3400 Northwest 67th Street

Tyler Workman Acquires Industrial Asset In Miami For $16 Million With Hype Real Estate Group
SOLDIndustrial

Tyler Workman Acquires Industrial Asset In Miami For $16 Million With Hype Real Estate Group

3400 Northwest 67th Street

$16,000,000

$220/SF

Building Size

72,466 SF

Asset Type

Industrial

Closing

Sep 16, 2025

AI

This industrial asset encompasses 72,466 square feet located at 3400 Northwest 67th Street in the Miami market. The sale was finalized at a price of $16,000,000, reflecting a price per square foot of $220.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,000,000
  • Address: 3400 Northwest 67th Street
  • Market: Miami
  • Square Footage: 72,466
  • Price per Square Foot: $220
  • Buyer: Tyler Workman
  • Brokers: Pablo Vignolo & Raul Pino - The Hype Real Estate Group

The transaction was conducted off-market, with Hype representing both the seller and buyer, ensuring a seamless transfer. The team specializes in off-market deal flow across various asset types, operating in multiple states including Florida, Georgia, North Carolina, Virginia, and the Northeast, supported by their offices in Miami and New York City.

Players

Raul Pino

The Hype Real Estate Group

Broker

$344.4M

vol

50 deals

Broker
The Hype Real Estate Group
The Hype Real Estate GroupBrokerage
Tyler Workman

Tyler Workman

The Hype Real Estate Group

Buyer

$125.3M

vol

10 deals

Buyer

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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93