A mixed-use property located at 5301-5315 West 20th Avenue in Hialeah was sold for $23,800,000. The asset spans approximately 143,488 square feet and encompasses 5.7 acres of land, featuring a retail and self-storage complex anchored by Office Depot and A+ Mini Storage.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $23,800,000
• Address: 5301-5315 West 20th Avenue
• Market: Hialeah
• Square Footage: 143,488
• Price per Square Foot: $166
• Buyer: Marko Dimitrijevic - Volta Global
• Seller: Raul Nunez - Westland Shopping Plaza LLC & BKJ Properties LLC
• Years Managed by Seller: Since 2001 and 2005

Marko Dimitrijevic, representing Volta Global, acquired the property from Raul Nunez, who managed the selling entities, Westland Shopping Plaza LLC and BKJ Properties LLC. The transaction reflects a significant appreciation of the property, which has seen rising retail and self-storage demand due to increased residential development in the Hialeah area.