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6405 Southwest 36th Street

Sergio Marrero Of Marrero Capital Investments Purchases Office Building In Miami For $7.6M
SOLDOffice

Sergio Marrero Of Marrero Capital Investments Purchases Office Building In Miami For $7.6M

6405 Southwest 36th Street

$7,600,000

$155/SF

Building Size

48,881 SF

Asset Type

Office

Closing

Apr 24, 2025

AI

The property asset involved in this transaction is an office building located at 6405 Southwest 36th Street in Miami. It was sold for a total price of $7,600,000. The building has a total square footage of 48,881 and is categorized within the office asset type. The price per square foot for this transaction is $155.

Summary of transation details:

Marrero Capital Investments acquired the asset from Taha Properties in this transaction, which involved prominent representatives from both sides. The deal was facilitated by four representatives from Cushman & Wakefield on the seller's side, highlighting the involvement of multiple agents in the listing and negotiation processes.

Players

Miguel Alcivar

Cushman & Wakefield

Broker

$965.1M

vol

39 deals

Broker

Miami Office Market Snapshot

Boundary boundary · Office · Sale transactions

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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