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
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
3.68%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93