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4125 West 16th Avenue, Hial...

McDonald’s Corp Acquires Hialeah Retail Property For $4.31M
SOLDRetail

McDonald’s Corp Acquires Hialeah Retail Property For $4.31M

4125 West 16th Avenue, Hialeah, Florida 33012, United States

$4,310,000

$587/SF

Building Size

7,340 SF

Asset Type

Retail

Closing

Apr 28, 2022

AI

The retail property located at 4125 W 16th Ave in Hialeah has been sold for $4,310,000. The transaction took place on April 29, 2022. The property spans across 7,340 square feet, resulting in a price per square foot of $587. The asset was purchased by McDonald’s Corp from Alex Sánchez and Camilo Niño.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,310,000
  • Address: 4125 W 16th Ave, Hialeah
  • Market: Hialeah
  • Square Footage: 7,340
  • Buyer: McDonald’s Corp
  • Seller: Alex Sánchez and Camilo Niño
  • Brokers: Ivo Tsinev - Horizon Properties; Alex Sanchez - Indigo Properties, Inc.

Leading the deal on the buyer's side was Ivo Tsinev from Horizon Properties, while Alex Sanchez from Indigo Properties, Inc. represented the sellers, Alex Sánchez and Camilo Niño.

Players

Ivo Tsinev

Fuse Commercial Real Estate

Broker

$19M

vol

4 deals

Broker
Horizon Properties
Horizon PropertiesBrokerage

Hialeah Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.68%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93