The property involved in this transaction is a retail asset located at 1995 W 49th St in Hialeah. The property spans 48,319 square feet and was sold for a total price of $14,031,293. The sale took place on July 1, 2021. The market value of the property is $290 per square foot.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $14,031,293
• Address: 1995 W 49th St, Hialeah
• Market: Hialeah
• Square Footage: 48,319 SF
• Price Per Square Foot: $290

In this transaction, the seller of the property was Arena Capital Holdings, represented by Oscar Rodriguez. The buyer and seller were both represented by Raul Pino from The Hype Real Estate Group. The deal was an all-cash transaction that closed within 30 days.

It is worth mentioning that The Hype Real Estate Group specializes in sourcing off-market net leased properties, value-add multifamily, industrial properties, and land opportunities throughout Florida. They are soon expanding to Georgia and the Carolinas. For more similar opportunities, interested parties can reach out to The Hype Real Estate Group via Instagram @thehyperealestategroup.