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10650 Northwest 29th Terrac...

Updated Dec 21, 2023

Jose Rodriguez Acquires Industrial Property In Doral, FL For $2.7M
SOLDIndustrial

Jose Rodriguez Acquires Industrial Property In Doral, FL For $2.7M

10650 Northwest 29th Terrace, Doral, FL 33172

$2,700,000

$207/SF

Building Size

13,000 SF

Asset Type

Industrial

Closing

Jan 19, 2022

About this deal

AI

An industrial property located at 10650 NW 29th Terr in Doral, FL has been sold for $2,700,000. The property spans over 13,000 square feet, resulting in a price per square foot of $207. The transaction took place on January 19, 2022.

Summary of transation details

  • Property Type: Industrial
  • Sale Price: $2,700,000
  • Square Footage: 13,000
  • Price Per Square Foot: $207
  • Address: 10650 NW 29th Terr, Doral, FL
  • Market: Doral, FL

The buyer of the property is Jose Rodriguez, while the seller is Jonathan Rivero. The sale was facilitated by Frank Trelles of State Street Realty. Frank Trelles served as the broker representing the parties involved in the transaction.

Players

Frank Trelles

Vivo Real Estate Group

Broker

$104.8M

vol

41 deals

Broker
State Street Realty
State Street RealtyBrokerage

Doral Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $207 per square foot on a published $2.7M for 13,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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