Ani Gonzalez Acquires Retail Property In Hialeah For $7.6M
385 West 49th Street, Hialeah, FL 33012
$7,575,000
$1,122/SF
Building Size
6,750 SF
Asset Type
Retail
Closing
Dec 27, 2021
AI
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
Hialeah Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93