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Ani Gonzalez Acquires Retail Property In Hialeah For $7.6M

Property Image
SOLD
$7,575,000
Brandon Holmes
Matthew Albregts
Jonathan De La Rosa
+ 1

Florida

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Retail6,750 SF
Sold 12/27/2021
the dealplayerscompscontact
Property Image
SOLD

Ani Gonzalez Acquires Retail Property In Hialeah For $7.6M

385 West 49th Street, Hialeah, FL 33012

See Similar Deals
Retail6,750 SF
Sold 12/27/2021
Brandon Holmes
Matthew Albregts
Jonathan De La Rosa
+ 1
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,122
Total Square Footage:6,750 SF
Transaction Type:Sale

Located at 385 West 49th Street in Hialeah, this property is a retail space with a net lease. The transaction took place on December 27, 2021. The property consists of 6,750 square feet and is occupied by Aspen Dental and MD Now. The sale price for this retail asset was $7,575,000, resulting in a price per square foot of $1,122.

Summary of transaction details

  • Property Type: Retail - Net Lease
  • Transaction Amount: $7,575,000
  • Address: 385 West 49th Street
  • Market: Hialeah
  • Buyer: Ani Gonzalez

The sale was facilitated by Eddie Toledo, Jonathan De La Rosa, Matt Albregts, and Brandon Holmes from Marcus & Millichap. They represented the buyer, Ani Gonzalez, in this transaction.

Players

Jonathan De La Rosa
Marcus & Millichap
Jonathan De La Rosa
140 deals$624.6M volume(786) 522-7027
BROKER
Eduardo "Eddie" Toledo
Marcus & Millichap
Eduardo Toledo
70 deals$346.7M volume(786) 522-7047
BROKER
Matthew Albregts
Marcus & Millichap
Matthew Albregts
25 deals$99.6M volume(305) 793-2826
BROKER
Brandon Holmes
Marcus & Millichap
Brandon Holmes
9 deals$36.1M volume
BROKER

Details

SOLD
IMAGE: Eddie Toledo & Jonathan De La Rosa DATE: 12/27/2021 ADDRESS: 385 West 49th Street - Aspen Dental & MD Now MARKET: Hialeah ASSET TYPE: Retail - Net Lease BUYER: Ani Gonzalez BROKERS: Eddie Toledo (@EdToledo), Jonathan De La Rosa (@J_Dlr_), Matt Albregts & Brandon Holmes - Marcus & Millichap SALE PRICE: $7,575,000 SF: 6,750 ~ PPSF: $1,122

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Operating Income
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Net Operating Income (NOI)

$403,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,912.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,909.36
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