Angela Ng Acquires QSR Property In Hialeah Gardens From Alvaro M. Cabrera For $2.81M
SOLD
$2,806,000
Florida
See Similar DealsRetail3,087 SF
Sold 10/14/2025
SOLD
Angela Ng Acquires QSR Property In Hialeah Gardens From Alvaro M. Cabrera For $2.81M
9490 Okeechobee Road
See Similar DealsRetail3,087 SF
Sold 10/14/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$909
Total Square Footage:3,087 SF
Transaction Type:Sale
The asset involved in this transaction is a Quick Service Restaurant (QSR) located at 9490 Okeechobee Road in Hialeah Gardens. It was sold for $2,806,000 and has a total square footage of 3,087. The property exhibits a capitalization rate of 5.3%.
Summary of transaction details:
- Property Type: QSR
- Transaction Amount: $2,806,000
- Address: 9490 Okeechobee Road
- Market: Hialeah Gardens
- Square Footage: 3,087
- Cap Rate: 5.3%
- Buyer: Angela Ng
- Seller: Alvaro M. Cabrera
- Brokers: Jonathan De La Rosa & Scott Sandelin - Marcus & Millichap
In this transaction, Angela Ng acted as the buyer, with Alvaro M. Cabrera as the seller. The deal was facilitated by brokers Jonathan De La Rosa and Scott Sandelin of Marcus & Millichap.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,653.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,969.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,301.87
Annual Debt Service$159,622.46
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