CTO Realty Growth Sells Retail Property In Hialeah For $22.2M
1460 West 49th Street, Hialeah, Florida 33012, United States
$22,200,000
Building Size
—
Asset Type
Retail
Closing
Jul 28, 2022
About this deal
AI
The asset involved in this transaction is a retail property located at 1460 W 49th St in Hialeah. The sale price for this property was $22,200,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $22,200,000
- Seller: CTO Realty Growth
- Seller Representative: John P. Albright
- Date of Transaction: 07/29/2022
The transaction was executed by CTO Realty Growth, represented in the deal by John P. Albright, who facilitated the sale on behalf of the seller.
The retail sale at 1460 West 49th Street, Hialeah, Florida 33012, United States in Hialeah, Florida sold for $22.2M in 2022. 1460 West 49th Street, Hialeah, Florida 33012, United States is classified as Retail on Traded. Named participants on the 1460 West 49th Street, Hialeah, Florida 33012, United States sale are John P. Albright. This page is the Hialeah, Florida file for the 1460 West 49th Street, Hialeah, Florida 33012, United States retail sold: pricing, party profiles, and other closed retail comps from the same Hialeah sit in the Market section below. Filter that Hialeah retail set by closing date to see what else sold near 1460 West 49th Street, Hialeah, Florida 33012, United States around 2022. Published consideration for 1460 West 49th Street, Hialeah, Florida 33012, United States is $22.2M, dated 2022. Cite this CTO Realty Growth Sells Retail Property In Hialeah For $22.2M sale when underwriting similar retail product around Hialeah, Florida.
On the Map
$22,200,000
Retail
View full map
Players
Hialeah Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93