Ethan Hernandez Acquires Retail Center In Hialeah From Edmond Aja For $10.3M
4355 West 16th Avenue
$10,300,000
$301/SF
Building Size
34,194 SF
Asset Type
Retail
Closing
Oct 2, 2026
About this deal
AI
The property involved in this transaction is a retail center located at 4355 West 16th Avenue in Hialeah. The asset was sold for $10,300,000, encompassing a gross building area of 34,194 square feet and a rentable area of 29,640 square feet, resulting in a price per square foot of $301 for the transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,300,000
- Address: 4355 West 16th Avenue
- Market: Hialeah
- Buyer: Ethan Hernandez
- Seller: Edmond Aja
- Brokers: Andres Villarreal & Joseph Suarez - Trustpoint Realty
- Square Footage: 34,194 SF
- Price Per Square Foot: $301
This transaction reflects the ongoing activity in the Hialeah market, with Trustpoint Realty facilitating the closing between the buyer and seller in this significant retail sale. The firm has established a notable presence in the region since its inception in 2024, highlighting its expertise in matching local investors with suitable properties.
On the Map
$10,300,000
$301/SF
Retail
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Players
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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93